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A Firm's Current Assets Equal $40,000;its Fixed Assets Are $200,000;its

Question 72

Multiple Choice

A firm's current assets equal $40,000;its fixed assets are $200,000;its current liabilities are $20,000;and its fixed liabilities are $80,000.What is its net worth?


A) $40,000
B) $60,000
C) $140,000
D) $240,000

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