Question
Falmouth Corp. debt-to-equity ratio is 0.4. Current Assets are $300,000, long-term debt liabilities are $200,000 and working capital is $140,000. Total assets for the corporation
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Falmouth Corp. debt-to-equity ratio is 0.4. Current Assets are $300,000, long-term debt liabilities are $200,000 and working capital is $140,000. Total assets for the corporation must be:
A. $600,000 B. $1,260,000 C. $800,000 D. $1,280,000
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Accounting For Non-Accountants
Authors: David Horner
12th Edition
1789664306, 9781789664300
