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20 If the ratio of total liabilities to total assets is 0.5, long-term liabilities are $3,000, and equity is $5,000, then:: 8 01:03:23 Multiple Choice

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20 If the ratio of total liabilities to total assets is 0.5, long-term liabilities are $3,000, and equity is $5,000, then:: 8 01:03:23 Multiple Choice you know that current liabilities must be $ 2.000. you know that current assets must be $400. you know that retained earnings must be $800. you know that preferred stock must be $400

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