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Posted on Jul 19, 2024

Gamma Company has current assets of $300,000, and total assets of $800,000, a current ratio of 2 and a total debt to total asset ratio

Gamma Company has current assets of $300,000, and total assets of $800,000, a current ratio of 2 and a total debt to total asset ratio of 0.625. Gamma Companys long-term liabilities are: a. $312,500. b. $300,000. c. $243,750. d. $350,000. e. None of the above

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