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Hoosier Company has the following balance sheet: If Hoosier Company makes a common-sized (component percentage) balance sheet, Cash would be listed as %. Hoosier Company

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Hoosier Company has the following balance sheet: If Hoosier Company makes a common-sized (component percentage) balance sheet, Cash would be listed as %. Hoosier Company has the following income statement: A common-sized (component percentage) income statement would list cost of goods sold as % Hoosier Company's liabilities are 120% of total assets. Which of the following statements is true? Hoosier Company should have little difficulty obtaining a loan in the future. Hoosier Company is highly profitable. It is highly likely that Hoosier Company will not have difficulty paying all its debts in the future. Hoosier Company could be in considerable jeopardy in terms of being able to pay its creditors. Hoosier Company has the following common-sized (component percentage) income statement: What would you conclude regarding Hoosier Company? Hoosier Company has strong profitability. Hoosier Company is having severe trouble in terms of profitability. Hoosier Company has high efficiency. Hoosier Company is highly liquid. Hoosier Company has the following assets: Total assets 100% In what industry could Hoosier Company be involved? Hoosier Company could sell clothes. Hoosier company could manufacture cars. Hoosier Company could be a law firm. Hoosier Company could be a restaurant

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