He 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 $

Current Ratio = Current Assets / Current Liabilities

1.41 = Current Assets / 2,465

Current Assets = $3,475.65

Return on Equity= Net Income / Shareholders' Equity

Net Income = $10,675 * 9%

Net Income = $960.75

0.14 = 960.75 / Shareholders' Equity

Shareholders' Equity = $6,862.50

Long Term Debt Ratio = Long Term Debt / (Long Term Debt + Equity)

Let the Long Term Debt be "x"

0.52 = x / (x + 6,862.50)

0.52x + $3,568.50 = x

0.48x = $3,568.50

x = $7,434.38

Long-term Debt = $7,434.38

So, Total Assets = Current Liabilities + Long-term Debt + Stockholders' Equity

Total Assets = $2,465 + $7,434.38 + $6,862.50

Total Assets = $16,761.88

Total Assets = Current Assets + Net Fixed Assets

$16,761.88 = $3,475.65 + Net Fixed Assets

Net Fixed Assets = $13,286.23

need more detail on the question

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