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The data on Trantor Corp. is as follows: current assets of $10 million, non-current assets of $33 million, current liabilities of $8 million and shareholders'
The data on Trantor Corp. is as follows: current assets of $10 million, non-current assets of $33 million, current liabilities of $8 million and shareholders' equity of $15 million. Assuming the non-controlling interest of zero, what is the value of the long-term liabilities of Trantor Corp.?
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Macroeconomics Principles and Applications
Authors: Robert E. Hall, Marc Lieberman
6th edition
1111822352, 1111822354, 9781133708742 , 978-1111822354
