A Company Has Total Assets of $1,000, Current Liabilities of $130

question 13

Multiple Choice

A company has total assets of $1,000, current liabilities of $130, and total liabilities of $350. What is the long-term debt ratio?

• A) .19
• B) .25
• C) .36
• D).31

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Definitions:

Oxycodone

A prescription opioid pain medication used to treat moderate to severe pain.

Medical Reasons

Justifications or explanations for actions, decisions, or treatments based on health or physiological needs.

Cannabis

A psychoactive drug derived from the Cannabis plant, used for medical or recreational purposes.

District of Columbia

The capital of the United States, a federal district that is not part of any state.