Question
The Caughlin Company has a long-term debt ratio of .41 and a current ratio of 1.30. Current liabilities are $970, sales are $6,390, profit margin
The Caughlin Company has a long-term debt ratio of .41 and a current ratio of 1.30. Current liabilities are $970, sales are $6,390, profit margin is 9.4 percent, and ROE is 20.2 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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Accounting Comes Alive The Color Accounting Parable
Authors: Mark Robilliard ,Peter Frampton, Chang Chang, Mark Morrow, John Gorman
1st Edition
1450769608, 978-1450769600
