This one is throwing me off. Any help is greatly appreciated. Thx! The following information relates to
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This one is throwing me off. Any help is greatly appreciated. Thx!
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:
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