The classified balance sheet for a company reported current assets of $1,624,250, total liabilities of $815,540, Common Stock of $1,160,000, and Retained Earnings of $146,260. The current ratio was 2.5.What is the total amount of noncurrent assets?

A. $649,700
B. $317,990
C. $808,710
D. $497,550


Answer: D

Business

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Business