Business, 24.03.2020 06:08 serenityarts123

The Plainfield Company has a long-term debt ratio (i. e., the ratio of long-term debt to long-term debt plus equity) of .52 and a current ratio of 1.41. Current liabilities are $2,465, sales are $10,675, profit margin is 9 percent, and ROE is 14 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.)

Net fixed assets $

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

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