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The Co. has total current assets = $2,200; total current liabilities = $500; and long-term assets = $1,800. The firm's Total Liabilities & Equity = ? A) $4,500 B) $4,300 C) $4,000 D) $4,800

The Co. has total current assets = $2,200; total current liabilities = $500; and long-term assets = $1,800. The firm's Total Liabilities & Equity = ? A) $4,500 B) $4,300 C) $4,000 D) $4,800

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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The Co. has total current assets = $2,200; total current liabilities = $500; and long-term assets = $1,800. The firm's Total Liabilities & Equity = ?

  1. A) $4,500
  2. B) $4,300
  3. C) $4,000
  4. D) $4,800

 

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