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54) Calculate the value of long-term debt given the following information: total debt = $320,000; debt/equity ratio = 0.80; long-term debt ratio = 0.3750. A)

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54) Calculate the value of long-term debt given the following information: total debt = $320,000; debt/equity ratio = 0.80; long-term debt ratio = 0.3750. A) $250,000 B) $235,000 C) $230,000 D) $240,000 E) $245,000

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