Can you estimate current assets for a firm with a total debt ratio of 0.5, long-term liabilities

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Can you estimate current assets for a firm with a total debt ratio of 0.5, long-term liabilities of $3,000, and equity of $5,000? How about current liabilities?

Please show clearly every step of your calculations.

Related Book For answer-question

Introduction to Corporate Finance

ISBN: 978-0324657937

2nd edition

Authors: Scott B. Smart, William L Megginson

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Posted Date: Feb 27, 2023 04:22 AM

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Can you estimate current assets for a firm with a total debt ratio of 0.5, long-term liabilities

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Current Assets Total Assets ... View the full answer

Introduction to Corporate Finance

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