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If a firm has a total debt ratio of 0.4, current liabilities of $2,500, and shareholders' equity of $18,000, then: Multiple Choice total assets must

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If a firm has a total debt ratio of 0.4, current liabilities of $2,500, and shareholders' equity of $18,000, then: Multiple Choice total assets must be $25,200. total liabilities must be $10,800. long-term liabilities must be $7,200. long-term liabilities must be $9,500

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