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6. Company A has the following information from its financial statements: Which of the following statements is correct? Common Stock increased by $50,000. The increase

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6. Company A has the following information from its financial statements: Which of the following statements is correct? Common Stock increased by $50,000. The increase in total liabilities is due to taking out a new loan in Year 202. The debt/assets ratio decreased in Year 202. The liabilities of Year 202 decreased by 33.33% from $30,000 to $20,000, compared to Year 201

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