Multiple Choice
Centerville Company's debt-to-equity ratio is 0.60 Total assets are $320,000, current assets are $170,000 and working capital is $80,000. Centerville's long-term liabilities must be:
A) $30,000
B) $80,000
C) $90,000
D) $120,000
Correct Answer:
Verified
Correct Answer:
Verified
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