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Condensed balance sheet and income statement data for Skysong, Inc. are presented as follows. Skysong, Inc. Balance Sheets December 31 Assets 2017 2016 Cash $
Condensed balance sheet and income statement data for Skysong, Inc. are presented as follows. Skysong, Inc. Balance Sheets December 31 Assets 2017 2016 Cash $ 31,980 $ 23,980 Receivables (net) 76,900 68,900 Other current assets 96,900 79,900 Long-term investments 62,000 60,000 Property, plant, and equipment (net) 516,900 476,900 Total assets $ 784,680 709,680 Liabilities and Stockholders’ Equity Current liabilities $ 78,980 $ 73,980 Long-term liabilities 86,900 96,900 Commo
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Answer 2017 2016 a Earnings per share 348 327 b Working capital 137800 109800 c Current ratio 27 1 2...Get Instant Access to Expert-Tailored Solutions
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