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The Maurer Company has a long-term debt ratio of 30 and a current ratio of 1.60. Current liabilities are $920, sales are $5,145, profit margin
The Maurer Company has a long-term debt ratio of 30 and a current ratio of 1.60. Current liabilities are $920, sales are $5,145, profit margin is 9.80 percent, and ROE is 16.20 percent. What is the amount of the firm's net fixed assets? Multiple Choice $2.253.89 $3,890.51 $3,894.30 $5,366.30 $1,333.89
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