Answer:
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
