The Smathers Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of .36 and a current ratio of 1.34. Current liabilities are $2,430, sales are $10,570, profit margin is 10 percent, and ROE is 15 percent.
What is the amount of the firm’s current assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Current assets $
What is the amount of the firm’s net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Net income $
What is the amount of the firm’s total equity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Total equity $
What is the amount of the firm’s long-term debt? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Long-term debt $
What is the amount of the firm’s total debt? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Total debt $
What is the amount of the firm’s total assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Total assets $
What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and your answer to 2 decimal places, e.g., 32.16.)
Net fixed assets $
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