Question
The Caughlin Company has a long-term debt ratio of .39 and a current ratio of 1.70. Current liabilities are $950, sales are $6,370, profit margin
| The Caughlin Company has a long-term debt ratio of .39 and a current ratio of 1.70. Current liabilities are $950, sales are $6,370, profit margin is 9.8 percent, and ROE is 20 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.) |
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The New Public Finance
Authors: Inge Kaul, Pedro Condeicao
1st Edition
0195179978, 978-0195179972
