Amount of the firm net fixed assets, Accounting Basics

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Amount of the firm net fixed assets

Problem:

The LeBleu Company has a ratio of long-term debt to total assets of .35 and a current ratio of 1.25. Current liabilities are $950, sales are $5780, profit margin is 9.4 percent and ROE is 18.2 percent.

Required:

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

Note: Please show guided help with steps and answer.

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Accounting Basics: Amount of the firm net fixed assets

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Accounting Basics: Amount of the firm net fixed assets

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