Multiple Choice
On December 31,2014,Value Corporation's current liabilities total $50,000 and long-term liabilities total $150,000.Working capital at December 31,2014,is equal to $80,000.If Value Corporation's debt-to-equity ratio is .32 to 1,total long-term assets must equal
A) $625,000.
B) $745,000.
C) $825,000.
D) $695,000.
Correct Answer:
Verified
Correct Answer:
Verified
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