Multiple Choice
Granger Inc.has done a long-term forecast of its balance sheet.Total assets are projected to be $800,000 and other long-term liabilities are $300,000.If the firm expects to need $150,000 in net new financing,what are the projected current liabilities?
A) $650,000
B) $150,000
C) $350,000
D) $450,000
E) $250,000
Correct Answer:
Verified
Correct Answer:
Verified
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