The burk company has a ratio of long-term debt to long-term, Financial Management

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The burk company has a ratio of long-term debt to long-term

The Burk Company has a ratio of long-term debt to long-term debt plus equity of .26 and a current ratio of 1.1. Current liabilities are $820, sales are $6,240, profit margin is 8.5 percent, and ROE is 18.7 percent. What is the amount of the firm’s net fixed assets?

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Financial Management: The burk company has a ratio of long-term debt to long-term

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Financial Management: The burk company has a ratio of long-term debt to long-term

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