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The Maurer Company has a long-term debt ratio of .70 and a current ratio of 1.50. Current liabilities are $1,000, sales are $5,135, profit margin
The Maurer Company has a long-term debt ratio of .70 and a current ratio of 1.50. Current liabilities are $1,000, sales are $5,135, profit margin is 9.50 percent, and ROE is 19.10 percent. What is the amount of the firm's net fixed assets?
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