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A. Prepare RL's balance sheet at the start of the transactions, assuming the only assets it has are cash and PP&E, and it carries no
A. Prepare RL's balance sheet at the start of the transactions, assuming the only assets it has are cash and PP&E, and it carries no short term debt.
B. What is the ratio of real assets to total assets (to one decimal)
C. Prepare the balance sheet after RL uses the Macy's bonds to buy a warehouse.
D. What is the ratio of real assets to total assets?
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