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    College Accounting
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    Exam 23: Financial Statement Analyses
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    A Firm Has Liabilities of $60,000 and Stockholders' Equity of $180,000.The
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A Firm Has Liabilities of $60,000 and Stockholders' Equity of $180,000.The

Question 101

Question 101

Multiple Choice

A firm has liabilities of $60,000 and stockholders' equity of $180,000.The percentage of total liabilities to total assets is


A) 25 percent.
B) 20 percent.
C) 50 percent.
D) 75 percent.

Correct Answer:

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