jdavis4961 jdavis4961
  • 05-06-2023
  • Business
contestada

If a firm has a short-term debt of $500, debt-equity ratio of .45, and equity of $2,000, then
A. long-term liabilities must be $400.
B. retained earnings must be $810.
C. total liability must be $810.
D. preferred stock must be $400.

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