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Brink Moving Company reported the following amounts on its palance sheet as of December 31, 2016 and December 31, 2017 Cash and Receivables Merchandise Inventory

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Brink Moving Company reported the following amounts on its palance sheet as of December 31, 2016 and December 31, 2017 Cash and Receivables Merchandise Inventory Property Plant and Equipment net Total Amets Total Liabilities 2017 $75,000 215,000 750,000 $1,040,000 1495,000 2016 $145,000 170,000 800,000 $1,115,000 $435,000 For the vertical analysis, what is the percentage of current assets as of December 31, 20177 (Round your answer to two decimal places.) 38.67 39.38 28.25 27.884 A high times-interest-earned ratio indicates difficulty in paying interest expense. True False QUESTION 14 Shelcal, Inc. provides the following data for the year 2017: Sales Revenue Sales Rebams and Allowances Sales Discounts Net Sales Revenue Cost of Goods Sold $410,000 1,000 830 408,170 255.000 (Round your answer to two decimal places The cost of goods sold as a percentage of net sales revenue is 62.4796 62.76% 62.20% 62.63% QUESTION 15 Kelemen, Inc. provides the following information for 2017: Net income Market price per share of common stock Dividends pald Common stock outstanding at Jan. 1. 2017 Common stock outstanding at Dec 31, 2017 $250,000 $50 per share $190,000 150,000 shares 210,000 shares Click Save and Submit to save and submit. Click Save All Answers to save all arwens Prt 55 FG 54 F1 F2 53

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