Question
11. A company has total liabilities of 35 million and total stockholders' equity of 55 million. Total liabilities are represented on a vertical common-size balance
11. A company has total liabilities of 35 million and total stockholders' equity of 55 million. Total liabilities are represented on a vertical common-size balance sheet by a percentage closest to:
A. 35%.
B. 39%.
C. 64%.
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Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
