Granger Inc.has done a long-term forecast of its balance sheet.Total assets are projected to be $1.5 million and current liabilities are projected to be $750,000.If the firm expects to need $500,000 in net new financing,what are the projected long-term liabilities?
A)$650,000
B)$1,250,000
C)$350,000
D)$450,000
E)$250,000

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The Answer of Granger Inc.has done a long-term forecast of its balance sheet.Total assets are projected to be $1.5 million and current liabilities are projected to be $750,000.If the firm expects to need $500,000 in net new financing,what are the projected long-term liabilities?
A)$650,000
B)$1,250,000
C)$350,000
D)$450,000
E)$250,000