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Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY KORBIN COMPANY Comparative Balance Sheets December 3 1 2 0 2 1 2 0 2
Selected comparative financial statements of Korbin Company follow.
KORBIN COMPANY
KORBIN COMPANY
Comparative Balance Sheets
December
Assets
Current assets
Longterm investments
Plant assets, net
Total assets
Liabilities and Equity
Current liabilities
Common stock
Other paidin capital
Retained earnings
Total liabilities and equity
Complete the below table to calculate income statement data in commonsize percents.
Note: Round your percentage answers to decimal places.
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