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ks) (b) Construct the common size balance sheet for Grisham Company for 2017: Balance Sheet (in millions) Assets Liabilities Cash $50 Current liabilities $30 Accounts

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ks) (b) Construct the common size balance sheet for Grisham Company for 2017: Balance Sheet (in millions) Assets Liabilities Cash $50 Current liabilities $30 Accounts receivable $30 Long-term debt $90 Inventory $80 Equity $240 Plant and equipment $200 Total liabilities and equity $360 Total assets $360

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