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A Firm's Current Assets Equal $150,000; Its Fixed Assets Are

Question 84

Multiple Choice

A firm's current assets equal $150,000; its fixed assets are $850,000; its current liabilities are $225,000 and its fixed liabilities are $400,000.What is its net worth?


A) $ 75,000
B) $375,000
C) $450,000
D) $600,000

Correct Answer:

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