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Given the Following Information, Calculate the Company's Long-Term Debt

Question 18

Multiple Choice

Given the following information, calculate the company's long-term debt.
Current assets: $125,000
Current liabilities: $ 85,000
Net fixed assets: $250,000
Total equity: $200,000


A) $375,000
B) $50,000
C) $285,000
D) $90,000

Correct Answer:

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