The maurer company has a long-term debt ratio of .25 and a current ratio of 1.50. current liabilities are $900, sales are $6,230, profit margin is 8.1 percent, and roe is 18.6 percent. what is the amount of the firm’s net fixed assets? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above