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If Liabilities Are $75,000, Two-Thirds of Which Represent Current Liabilities

Question 118

Multiple Choice

If liabilities are $75,000, two-thirds of which represent current liabilities, and total assets are
$500,000, what is the ratio of Stockholders' Equity to Total Equities?


A) 10 percent
B) 6) 7 percent
C) 12.5 percent
D) 85 percent

Correct Answer:

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