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Problem:

The Burk company has a ratio of long-term debt to long-term debt plus equity of 0.40 and a current ratio of 1.25. Current liabilities are $1075, sales are $6,180, profit margin is 8.5 percent, and ROE is 16.25 percent.

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Question: What is the amount of the firm's net fixed assets?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91170594

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