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The balance sheet provides a snapshot of the financial condition of a company. Investors and analysts use the information given on the balance sheet and

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The balance sheet provides a snapshot of the financial condition of a company. Investors and analysts use the information given on the balance sheet and other financial statements to make several interpretations about the company. According to the information given in the preceding balance sheet and considering that the company has 50 million outstanding shares, which of the following interpretations are true for Expert Certising Inc.? Check all that apply. Current assets are considered liquid assets and can be converted into cash in less than one year. Expert Certising Inc.'s net operating working capital in the first year was exist450 million. Expert Certising Inc. uses short-term financing, long-term debt, and common equity to finance its assets. The book value per share of Expert Certising Inc.'s stock in the second year was exist18.76. Current assets are considered liquid assets and cannot be converted into cash in less than one year. The market value of a company's stock is always more than its book value. Based on your understanding of the different items on the balance sheet and the information they provide, if everything else remains the same, the cash and equivalents item on the current balance sheet is likely to ________ if the firm issues exist3 million of new common stock

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