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Multiple Select Question

Select all that apply

West company has $$200$ cash, $$1,200$ land, $$600$ liabilities and $$800$ stockholders' equity. West has earned profits every year since its inception. Based on th information, which of the following are true?

Since West is profitable, the company cannot go bankrupt.

If the liabilities are due immediately. West could be forced into bankruptcy.

West may be forced to sell its land in order to pay its debt.

West cannot be forced into bankruptcy because there is enough cash in stockholders' equity to pay the debt.

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