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What is robert robots current liabilities balance

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Reference no: EM132998849

Problem 1: Robert's Robots (RR) has $100,000 in total assets. Total owners equity is $45,000. RR has accrued $25,000 in long term debt. What is RR's current liabilities balance?

Group of answer choices

Option 1: $30,000

Option 2: $100,000

Option 3: $70,000

Option 4: $25,000

Reference no: EM132998849

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