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The Maurer Company has a long-term debt ratio of .30 and a current ratio of 1.30. Current liabilities are $980, sales are $5,125, profit margin
The Maurer Company has a long-term debt ratio of .30 and a current ratio of 1.30. Current liabilities are $980, sales are $5,125, profit margin is 10.10 percent, and ROE is 18.70 percent. What is the amount of the firm's net fixed assets? Multiple Choice $1,186.31 $3,660.35 $2,166.31 $4,934.35 $3,460.06
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