Problemthe le bleu company has a ratio of long-term debt to, Ask an Expert

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Problem:

The Le Bleu Company has a ratio of long-term debt to long-term debt plus equity of .44 and a current ratio of 1.20. Current liabilities are $1,000, sales are $6,420, profit margin is 9.2 percent, and ROE is 20.5 percent.

Required:

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

Note: Please show basic calculation

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91166866

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