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12. A balance sheet that displays only component percentages is a a. trend balance sheet b. comparative balance sheet c. condensed balance sheet d. common-sized
12. A balance sheet that displays only component percentages is a a. trend balance sheet b. comparative balance sheet c. condensed balance sheet d. common-sized balance sheet accunts 13. Based on the following data for the current year, what is the number of days' sales in receivable? Sales on account during year Cost of goods sold during year Accounts receivable, beginning of year Accounts receivable, end of year Inventory, beginning of year Inventory, end of year a. 7.3 b. 2.5 c. 14.6 d. 25 $584,000 300,000 45,000 35,000 90,000 110,000
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