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

question 85

Multiple Choice

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

• A) 0.19
• B) 0.25
• C) 0.36
• D) 0.31

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