You have the following information on Marco's Polo Shop: total liabilities and equity = $205 million, current liabilities = $45 million, inventory = $60 million, and quick ratio = 2.4 times. Using this information, what is the balance for fixed assets on Marco's Polo balance sheet?
A) $37m.
B) $97m.
C) $145m.
D) $157m.
Correct Answer:
Verified
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