The following information relates to Rodeo Corporation:

Current assets$70,000

Current liabilities$52,500

Long-term assets$210,000

Long-term liabilities$140,000

Based on the information given above, the amount of the current assets financed by the long-term liabilities is:

Select one:

a.$12,500.

b.$70,000.

c.$17,500.

d.$102,500.

e.$52,500.

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