1 a borrower who pays his or her account balance in full, Ask an Expert

Finance

1. A borrower who pays his or her account balance in full each month should get a credit card with

a long grace period

a high rate of interest on unpaid balances

a minimum monthly payment equal to the interest on the unpaid balance

accumulating annual fees

2. The Ashwood Company has a long-term debt ratio of 0.60 and a current ratio of 1.40. Current liabilities are $970, sales are $5,135, profit margin is 10.10 percent, and ROE is 17.40 percent. What is the amount of the firm's net fixed assets?

$4,470.99

$3,725.83

$7,063.65

$5,440.99

$8,421.65

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92434104

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