Question: multiaple choice use the following information to answer this question: temporary current assets $95000, permanent current assets 90000 fixed assets 400000, total assets $585000, which
multiaple choice
use the following information to answer this question:
temporary current assets $95000,
permanent current assets 90000
fixed assets 400000,
total assets $585000,
which of the following liability structure would be used in the moderate approach?
a) account payable $5000
notes payable 5000
longterm debt -0-
equity 575000
b) account payable $5000
notes payable 5000
longterm debt 500000
equity 75000
c) account payable $20000
notes payable 75000
longterm debt 410000
equity 80000
d) account payable $20000
notes payable 100000
longterm debt 405000
equity 60000
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