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Managerial accounting poblem

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July 19th, 2019

Centerville Company’s debt-to-equity ratio is 0.60 Total assets are $320,000, current assets are $170,000, and working capital is $80,000. Centerville’s long-term liabilities must be A. $80,000. B. $30,000. C. $120,000. D. $90,000.

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