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Decide whether each of the following statements is true or false.Answer 1 1 . Common Stock is known as the contributed capital or investments by

Decide whether each of the following statements is true or false.Answer

1 1 .

Common Stock is known as the contributed capital or investments by owners into a company.Answer

2 2 .

Retained Earnings is equal to the net income over the life of the company.Answer

3 3 .

If two companies have the same Current Ratio, then an investor can say that the companies are equally liquid, as well.

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