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The Whisenhunt Company has a ratio of long-term debt to long-term debt plus equity of .34 and a current ratio of 1.6. Current liabilities are
The Whisenhunt Company has a ratio of long-term debt to long-term debt plus equity of .34 and a current ratio of 1.6. Current liabilities are $900, sales are $6,320, profit margin is 9.1 percent, and ROE is 19.5 percent. What is the amount of the firms net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
Net fixed assets | $ |
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