Q4) The Fortier Company has a long-term debt ratio of 0.45 and a current ratio of...

 

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Q4) The Fortier Company has a long-term debt ratio of 0.45 and a current ratio of 1.40. Current liabilities are $900, sales are $6,430, profit margin is 9.5%, and ROE is 19.5%. What is the amount of the firm's net fixed assets? (10 Points) Q4) The Fortier Company has a long-term debt ratio of 0.45 and a current ratio of 1.40. Current liabilities are $900, sales are $6,430, profit margin is 9.5%, and ROE is 19.5%. What is the amount of the firm's net fixed assets? (10 Points)

Answer rating: 100% (QA)

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