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whats the right answer 17. Ford Company has the following liabilities at the end of last year: Notes 5 points payable of $50,000, accounts payable
whats the right answer
17. Ford Company has the following liabilities at the end of last year: Notes 5 points payable of $50,000, accounts payable of $25,000, salaries payable of $9,000, taxes payable of $7,500, bonds payable of $50,000, and long- term loans of $30,000. Besides, the return on total assets (ROA) is 20%, and the debt-to-total-capital ratio is 40%. What is the amount of total assets at the end of last year?* $130,000 O $195,000 O $366,500 $428,750 None of the aboveStep by Step Solution
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