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[The following information applies to the questions displayed belowj The following accounts are taken from the financial statements of Paradise Resorts at September 30, 2013

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[The following information applies to the questions displayed belowj The following accounts are taken from the financial statements of Paradise Resorts at September 30, 2013 (Amounts are in millions) $ 670 3750 13,000 3.450 Accounts Payable Cash Common Stock Equipment Income Tax Expense 430 180 Interest Expense Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Service Revenue 1,550 430 1.750 3.900 11.800 7600 3.000 Short-term Investments Software veltue 1.25 points value: 1.25 points 2. Using the balance sheet, indicate whether the total assets of Paradise Resorts, at the end of the year were financed primarily by liabilities or stockholders' equity. The total assets were financed primarily by stockholders equity O The total assets were financed primarily by liabilities PA n millions

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