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A Firm Has $100 Million in Current Liabilities,$200 Million in Total

Question 44

Multiple Choice

A firm has $100 million in current liabilities,$200 million in total long-term liabilities,$300 million in stockholders' equity,and total assets of $600 million.Calculate the firm's ratio of long-term debt to long-term debt plus equity.


A) 40%
B) 20%
C) 50%
D) 17%

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