If Current Liabilities Are $90,000,long-Term Liabilities Are $270,000,and Total Assets

question 88

Multiple Choice

If current liabilities are $90,000,long-term liabilities are $270,000,and total assets are $600,000,what is the percentage of total liabilities to total assets?

• A) 15 percent
• B) 45 percent
• C) 60 percent
• D) 100 percent