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The Caughlin Company has a long-term debt ratio of .29 and a current ratio of 1.50. Current liabilities are $850, sales are $6,270, profit margin
The Caughlin Company has a long-term debt ratio of .29 and a current ratio of 1.50. Current liabilities are $850, sales are $6,270, profit margin is 8.4 percent, and ROE is 19 percent. What is the amount of the firms net fixed assets?
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