The caughlin company has a long-term debt ratio of 30 and a


The Caughlin Company has a long-term debt ratio of .30 and a current ratio of 1.60. Current liabilities are $860, sales are $6,280, profit margin is 8.2 percent, and ROE is 19.1 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Net fixed assets $

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Financial Management: The caughlin company has a long-term debt ratio of 30 and a
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