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The balance sheet for Rooney Corporation follows: Current assets $ 249,000 Long-term assets (net) 758,000 Total assets $ 1,007,000 Current liabilities $ 147,000 Long-term liabilities
The balance sheet for Rooney Corporation follows: Current assets $ 249,000 Long-term assets (net) 758,000 Total assets $ 1,007,000 Current liabilities $ 147,000 Long-term liabilities 457,000 Total liabilities 604,000 Common stock and retained earnings 403,000 Total liabilities and stockholders equity $ 1,007,000
The balance sheet for Rooney Corporation follows: Required Compute the following. (Round "Ratios" to 1 decimal place.)Step by Step Solution
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