Donner United has total owners' equity of $18,800.The firm has current assets of $23,100, current liabilities of $12,200, and total assets of $36,400.What is the value of the long-term debt?
A) $5,400
B) $12,500
C) $13,700
D) $29,800
E) $43,000
Correct Answer:
Verified
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