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Prepare a balance shhet with given data Company ABC Assets turnover Gross Sales Sales Discounts Gross Profit Operating Profit Permanent Capital Financial Leverage Acid Test
Prepare a balance shhet with given data
Company ABC Assets turnover Gross Sales Sales Discounts Gross Profit Operating Profit Permanent Capital Financial Leverage Acid Test ratio Fixed assets turnover Liquid assets Tangible fixed assets/ Shareholders Equity Requirement: 2% 35000 9% 345,000.00 1.5% 4 Prepare the Balance Sheet and Income Statement of Company ABC
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