Question
A company has Cash of $10,000; Total Current Assets $200,000; Total Assets $500,000; Total Sales $100,000; and Net Income $20,000. On the common-size balance sheet,
A company has Cash of $10,000; Total Current Assets $200,000; Total Assets $500,000; Total Sales $100,000; and Net Income $20,000. On the common-size balance sheet, how will cash be presented?
2%
5%
10%
50%
100
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Auditing Fundamentals
Authors: Marlene Davies, John Aston
1st Edition
0273711733, 978-0273711735
