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QUESTION 6 The assets of Enchancia Inc. consist entirely of current assets and net plant and equipment. The firm has $0.4 million in current assets

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QUESTION 6 The assets of Enchancia Inc. consist entirely of current assets and net plant and equipment. The firm has $0.4 million in current assets and net plant and equipment equals $3 million. It has total common equity of $1.25 million. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. What is the company's total liabilities? $1.25 million $2.15 million $1.75 million O $3.4 million $0.4 million

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