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Problem #1: The following are the major balance sheet classifications. Current liabilities (CL) Current assets (CA) Long-term investments (LTI) Property, plant, and equipment (PPE)

Problem #1: The following are the major balance sheet classifications. Current liabilities (CL) Current assets (CA) Long-term investments (LTI) Property, plant, and equipment (PPE) Intangible assets (IA) Long-term liabilities (LTL) Stockholders' equity (SE)

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