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AssetsCurrent assetsNet fixed assetsINCOME STATEMENT, 2022(Figures in $ millions)RevenueCost of goods soldDepreciationInterest expense2021$ 1012022$ 195910 1,010$ 2,0051,085405251Req A and B Req C and DBALANCE SHEET AT END OF YEAR(Figures in $ milli
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Ratios and Fixed AssetsThe Richmond Company has a long-term debt ratio of 0.60 and a current ratio of 1.30. Current liabilities are 980, sales are5,105, profit margin is 95 percent, and ROE is 18.5 percent. What is the amount of the firm's net fixed assets?
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