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The company has 1,000,000 shares of common stock authorized, 500,000 shares issued, and 200,000 outstanding as of both 12/31/2017 and 12/31/2016 A. 24.0% B. 54.2%
The company has 1,000,000 shares of common stock authorized, 500,000 shares issued, and 200,000 outstanding as of both 12/31/2017 and 12/31/2016
A. 24.0%
B. 54.2%
C. 45.8%
D. 76.0%
E. 100%
At the end of the current year, what portion of this company's assets is financed with equity? Income Statement ($000s Balance Sheet ($000s) 2012 2016 2017 2016 Revenues $150 $200 $175 Cash $ 10 Cost of Goods Sod 110 100 Accounts Receivable 30 40 Operating Expenses 30 28 Inventory 20 40 interest xpense20 12Plant Property, Equipment Plant, Property, Equipment 180 200 Net Income $430 4035 Total Assets $ 240Step by Step Solution
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