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Gladstone pavers has a long-term debt ratio

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Gladstone Pavers has a long-term debt ratio of 0.6 and a current ratio of 1.6. Current liabilities are $700, sales are $4,440, the profit margin is 9.5 percent, and the return on equity is 19.5 percent. How much does the firm have in net fixed assets (i.e., total assets - current assets)?

Reference no: EM132384016

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