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did most of the financing for assets come from creditors or owners? Would you define the risk behind this financing as tending toward high or
did most of the financing for assets come from creditors or owners? Would you define the risk behind this financing as tending toward high or low risk? Why?
Answer 1 of 1 Done Spring Step Balancesheet At October 31, 2011 Assets as 46,000 Accounts receivable Other Assets Property, Plant& Equipment 71,000 S 1,49,000 S 2,36,000 S 5,02,000 Total assets Liabilities S 1,10,000 Accounts Payable Notes Payable Other Liabilities Total Liabilities 25,000 79,000 S 2,14,000 Stockholder's Equity Common stock Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity 91,000 S 1,97,000 S 2,88,000 S 5,02,000 Step by Step Solution
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