You have the following information on Olivia's Bridle Shop: total liabilities and equity = $65 million, current liabilities = $10 million, inventory = $15 million, and quick ratio = 3 times. Using this information, what is the balance for fixed assets on Olivia's balance sheet?
A)$20m.
B)$40m.
C)$45m.
D)$135m.Quick ratio (acid-test ratio) = 3 times =

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The Answer of You have the following information on Olivia's Bridle Shop: total liabilities and equity = $65 million, current liabilities = $10 million, inventory = $15 million, and quick ratio = 3 times. Using this information, what is the balance for fixed assets on Olivia's balance sheet?
A)$20m.
B)$40m.
C)$45m.
D)$135m.Quick ratio (acid-test ratio) = 3 times =

You Have the Following Information on Olivia's Bridle Shop: Total