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The Lawrence Company has a ratio of long-term debt to long-term debt plus equity of .28 and a current ratio of 1.4. Current liabilities are
The Lawrence Company has a ratio of long-term debt to long-term debt plus equity of .28 and a current ratio of 1.4. Current liabilities are $840, sales are $6,260, profit margin is 8.3 percent, and ROE is 18.9 percent. What is the amount of the firms net fixed assets?
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