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Fifty-five (55) percent of Assesso Mining Inc.'s assets are financed with common equity, which is the only type of equity financing the company has. Assesso's
Fifty-five (55) percent of Assesso Mining Inc.'s assets are financed with common equity, which is the only type of equity financing the company has. Assesso's current ratio is 4.0, its total assets turnover is 3.0, current assets are $140,000, and sales arel $2,000,000. What are Assesso's long term liabilities, and what amount is short term (current liabilities)
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