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21 On December 31, 2018, Duffy Corporation's current liabilities total $60,000 and long-term liabilities total...

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21 On December 31, 2018, Duffy Corporation's current liabilities total $60,000 and long-term liabilities total $160,000. Working capital at December 31, 2018, is equal to $90,000. If Duffy Corporation's debt-to-equity ratio is 40 to 1, total long-term assets must equal SHOW LABELLED WORK

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