Question
The Caughlin Company has a long-term debt ratio of .37 and a current ratio of 1.50. Current liabilities are $930, sales are $6,350, profit margin
The Caughlin Company has a long-term debt ratio of .37 and a current ratio of 1.50. Current liabilities are $930, sales are $6,350, profit margin is 9.6 percent, and ROE is 19.8 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)
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Fundamentals of corporate finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
10th edition
978-1260013955, 78034639, 978-0078034633
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