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Q1: North island Company's Balance Sheet for the year 2012 as follow: Cash. Accounts receivable4,000 inventory Plant asses50,000 Total assets Accounts payable.25,000 long-term loan Common

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Q1: North island Company's Balance Sheet for the year 2012 as follow: Cash. Accounts receivable4,000 inventory Plant asses50,000 Total assets Accounts payable.25,000 long-term loan Common stock Total Liabilities and Equity...79,000 5,000 20,000 79,000 . 40,000 14,000 Instructions a) Analyze north islands Company's balance sheet using common-size analysis. b) Using the analysis outcomes, analyze the sources and uses of funds for North island company

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