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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

Correct Answer:

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