The Hooya Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt
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The Hooya Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of .45 and a current ratio of 1.30. Current liabilities are $2,435, sales are $11,610, profit margin is 9 percent, and ROE is 12.8 percent. What is the amount of the firm's net fixed assets?
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Input area Longterm debt ratio 045 Current ratio 130 Curre...View the full answer
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Related Book For 
Essentials of Corporate Finance
ISBN: 978-0078034756
8th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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