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Could you solve clearly? Thanks a lot!! 17. Z Co. has total assets of $150,000, total stockholders' equity of $80,000, total annual revenues of $460,000,
Could you solve clearly? Thanks a lot!!
17. Z Co. has total assets of $150,000, total stockholders' equity of $80,000, total annual revenues of $460,000, cost of goods sold of $290,000, and inventory of $30,000. In preparing common-sized statements for the year, which of the following percentages would represent total liabilities? a. 15% b. 30% C. 47% d. 889 cannot be computed from the information givenStep by Step Solution
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