Orem Corporation's current liabilities are $75,000, its long-term liabilities are $225,000, and its working capital is $100,000.If the corporation's debt-to-equity ratio is 0.30, total long-term assets must equal:

A) $1,000,000
B) $1,300,000
C) $1,125,000
D) $1,225,000

Debt-to-Equity Ratio

A financial metric that shows the balance between the equity provided by shareholders and the debt leveraged to support a company's assets.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available for its day-to-day operations.

Long-term Liabilities

Financial obligations of a business that are due more than one year in the future, such as bonds payable or long-term loans.