Question
The Caughlin Company has a long-term debt ratio of 0.32 and a current ratio of 1.80. Current liabilities are $880, sales are $6,300, profit margin
| The Caughlin Company has a long-term debt ratio of 0.32 and a current ratio of 1.80. Current liabilities are $880, sales are $6,300, profit margin is 8.9 percent, and ROE is 19.3 percent. What is the amount of the firms net fixed assets? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Net fixed assets | $ |
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Mastering Islamic Finance
Authors: Faizal Karbani
1st Edition
1292001445, 978-1292001449
