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Calculate the value of short-term debt given the following information: total debt = $320,000; debt/equity ratio...

Calculate the value of short-term debt given the following information: total debt = $320,000; debt/equity ratio = 0.80; long-term debt ratio = 0.3750.
Select one:
a. 85000
b. 65000
c. 70000
d. 80000
e. 75000

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