Multiple Choice
CompUS has pledged $275,000 worth of its assets.The total book value of its assets is $625,000.The firm's total liabilities are $750,000.The secured liabilities are $150,000.The pledged assets to secured liabilities is
A) 1.2
B) 1.8
C) 2.3
D) 2.7
E) 5.0
Correct Answer:
Verified
Correct Answer:
Verified
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