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56) Parker Paint reported sales of $500,000, total assets of $300,000, total stockholders' equity of $160,000, current assets of $100,000, current liabilities of $40,000, and
56) Parker Paint reported sales of $500,000, total assets of $300,000, total stockholders' equity of $160,000, current assets of $100,000, current liabilities of $40,000, and cash of $30,000. In a common size balance sheet, cash would be shown as Select one: a. 50%. b. 30%. c. 10%. d. 6%.
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