Question: How do you set this problem up? No examples in book. The Arkham Company has long term debt plus long term debt plus equity of
How do you set this problem up? No examples in book.
The Arkham Company has long term debt plus long term debt plus equity of .3 and a current ratio of 1.6. Current liabilities are 860, sales are 6,280, profit margin is 8.2 percent, and ROE is 19.1 percent. What is the amount of the firms net fixed assets?
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