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Question 3 (1 point) A corporation reported cash of $26,600, total assets of $459,000, and total equity of $157,320 on its balance sheet. Its common-size
Question 3 (1 point) A corporation reported cash of $26,600, total assets of $459,000, and total equity of $157,320 on its balance sheet. Its common-size percent for cash equals: OA) 17.26%. B) 58.00% C) 5.80%. D) 100.00% E) 1726% Question 4 (1 point) A corporation reports the following year-end balance sheet data. The company's current ratio equals: Cash Accounts receivable Inventory $ 51,000 Current liabilities 66,000 Long-term liabilities $ 86,000 43,000 111,00 0 104,00 0 344,00 0 71,000 Common stock 156,00 Retained earnings 344,00 Total liabilities and O equity Equipment Total assets A) 0.60 B) 0.38 C) 2.19 D) 1.36 E) 0.63
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