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The Mikado Company has a long - term debt ratio ( i . e . , the ratio of long - term debt to long

The Mikado Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of .54 and a current ratio of 1.43. Current liabilities are $2,475, sales are $10,705, profit margin is 11 percent, and ROE is 16 percent. What is the amount of the firms net fixed assets?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.

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