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At the end of the year just completed,Orem Company's total current liabilities were $75,000, and...

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Accounting

At the end of the year just completed,Orem Company's total current liabilities were $75,000, and its total long-term liabilities were $225,000. Working capital at year-end was $100,000. If the company's debt-to-equity ratio is 0.30 to 1, total long-term assets must equal which of the following?

A. $1,000,000.

B. $1,125,000.

C. $1,225,000.

D. $1,300,000.

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