WRJ has a debt ratio of .4, current liabilities of $18,000, and total
WRJ has a debt ratio of .4, current liabilities of $18,000, and total assets of $120,000. What is the level
of WRJ’s total liabilities?
A) $63,934 B) $22,000 C) $48,000 D) $58,000
ANSWER
C
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