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the following information is available for the Maine Company and the Iowa Company: total assets $ 6 9 8 , 0 0 0 vs $

the following information is available for the Maine Company and the Iowa Company: total assets $

698, 000

vs $

162, 000

b:total liabilities $

430, 000

vs $

112, 000

.

stockholders equity $

268, 000

vs $

50, 000

.

net income

39, 932

vs $

10, 900

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