The Hooya Company has a lono term debt ratio (i.e., the ratio of long-term debt to long-term

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The Hooya Company has a lono term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of 0.60 and a current ratio of 1.3. Current liabilities are $900, sales are $6,590, profit margin is 9 percent, and ROE is 16 percent. What is the amount of the firm's net fixed assets?

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Essentials Of Corporate Finance

ISBN: 9780073405131

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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