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

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.