Question: A firm has $ 2 6 0 , 0 0 0 in assets and $ 1 6 0 , 0 0 0 in stockholders' equity.

A firm has $260,000 in assets and $160,000 in stockholders' equity. It owes $55,000 from a long-term loan, and this is its only long-term liability. This firm has
q, in total current liabilities.
a. $105,000
b. $45,000
c. $215,000
d. $100,000
e. $55,000
 A firm has $260,000 in assets and $160,000 in stockholders' equity.

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