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All City Realty, Inc. issued 12,000 shares of $8 stated value common stock for $20 per share. The journal entry to record this transaction includes
All City Realty, Inc. issued 12,000 shares of $8 stated value common stock for $20 per share. The journal entry to record this transaction includes a credit to O A. Paid In Capital in Excess of Stated - Common for $144,000 O B. Common Stock for $240,000 O C. Paid - In Capital in Excess of Stated - Common for $96,000 O D. Common Stock - $8 Stated Value for $144,000 The financial statements for Barrington Service Company include the following items. Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Total Assets Accounts Payable Salaries Payable Long-term Note Payable 2025 $44,500 25,000 52,000 156,000 533,000 133,500 16,000 57,000 2024 $50,000 19,000 46,000 43,000 549,000 132,000 19,000 51,000 Compute the current ratio for 2024. (Round answer to two decimal places.) O A. 3.64 OB. 0.96 O C. 1.05 OD. 6.17 Alden Corp. has the following balances as of December 31, 2025 Total Assets Total Liabilities Total Equity $97.000 65,000 32,000 Calculate the debt to equity ratio. (Round your answer to two decimal places.) O A. 1.54 O B. 3.03 OC. 2.03 OD. 0.49
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