Question
The Ashwood Company has a long-term debt ratio of 0.40 and a current ratio of 1.20. Current liabilities are $950, sales are $5,145, profit margin
The Ashwood Company has a long-term debt ratio of 0.40 and a current ratio of 1.20. Current liabilities are $950, sales are $5,145, profit margin is 9.40 percent, and ROE is 16.80 percent. What is the amount of the firm's net fixed assets?
please explain..
$2,869.17
$1,919.17
$4,607.92
$3,598.44
$5,747.92
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Behavioral Finance And Wealth Management
Authors: Michael M. Pompian
2nd Edition
1118014324, 978-1118014325
