Question: Orem Corporation's current liabilities are $87,300, its long-term liabilities are $293,700, and its working capital is $122,200. If the corporation's debt-to-equity ratio is 0.15, total

Orem Corporation's current liabilities are $87,300, its long-term liabilities are $293,700, and its working capital is $122,200. If the corporation's debt-to-equity ratio is 0.15, total long-term assets must equal:

Multiple Choice

$2,540,000
$2,798,800
$2,711,500
$2,129,500

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