The data on Trantor Corp. is as follows: current assets of $10 million, non-current assets of $33 million, current liabilities of $8 million and shareholders' equity of $15 million. Assuming the non-controlling interest of zero, what is the value of the long-term liabilities of Trantor Corp.?

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To determine the value of the longterm liabilities of Trantor Corp we can u... View the full answer