Problem:
The Le Bleu Company has a ratio of long-term debt to long-term debt plus equity of .42 and a current ratio of 1.40. Current liabilities are $980, sales are $6,400, profit margin is 9.5 percent, and ROE is 20.3 percent.
Requirement:
Question: What is the amount of the firm's net fixed assets?
Note: Show supporting computations in good form.