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How much is the company long-term assets

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Question - A company's current liabilities is PhP 450,000 and its current ratio is 2.5x. Moreover, its stockholders equity amounted to PhP 1,500,000. The total debt to asset ratio is 40%. The company's ROE is 20% and the profit margin is 10% while its gross profit ratio is 40%. The company's average collection period is 55 days and the inventory turnover is 4x. Given this information, how much is the company's Long-term assets?

Reference no: EM133176510

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