Suppose you are the financial analyst of MF financial consulting firm. You have obtained the following...

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Suppose you are the financial analyst of MF financial consulting firm. You have obtained the following information about the OM Inc.: long-term debt ratio of 0.36 and a current ratio of 1.40. Current liabilities are $1045, sales are $8,250, profit margin is 8.5 percent, and ROE is 19.5 percent. You are demanded to determine the amount of OM Inc.'s net fixed assets. Suppose you are the financial analyst of MF financial consulting firm. You have obtained the following information about the OM Inc.: long-term debt ratio of 0.36 and a current ratio of 1.40. Current liabilities are $1045, sales are $8,250, profit margin is 8.5 percent, and ROE is 19.5 percent. You are demanded to determine the amount of OM Inc.'s net fixed assets.

Answer rating: 100% (QA)

To calculate the net fixed assets of OM Inc we can use the following formula Net Fixed Assets Total ... View the full answer