What is the amount of the firm net fixed assets

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The Smathers Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of .52 and a current ratio of 1.41. Current liabilities are $2,465, sales are $10,675, profit margin is 9 percent, and ROE is 14 percent.

What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Net fixed assets $___________

Reference no: EM131575911

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