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Which of the following is FALSE regarding the Balance Sheets discussed in class? Common sized balance sheets display pro forma, future projections Equity accounts are

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Which of the following is FALSE regarding the Balance Sheets discussed in class? Common sized balance sheets display pro forma, future projections Equity accounts are recorded at historical values Current assets are listed above fixed assets on the Balance Sheet Shareholder's equity can be negative Common size balance sheets are ususually scaled by total assets * Previous

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