Pearcersquos has a long-term debt ratio of 45 and a current


Pearce’s has a long-term debt ratio of .45 and a current ratio of 1.25. Current liabilities are $875, sales are $5,780, profit margin is 9.5%, and ROE is 18.5%. What is the amount of net fixed assets?

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Financial Management: Pearcersquos has a long-term debt ratio of 45 and a current
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