Question
The Le Bleu Company has a ratio of long-term debt to long-term debt plus equity of .38 and a current ratio of 1.60. Current liabilities
The Le Bleu Company has a ratio of long-term debt to long-term debt plus equity of .38 and a current ratio of 1.60. Current liabilities are $940, sales are $6,360, profit margin is 9.7 percent, and ROE is 19.9 percent. What is the amount of the firms net fixed assets?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
10th Edition
0201785676, 9780201785678
