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A Corporation Reported Cash of $27,000 and Total Assets of $461,000

Question 132

Multiple Choice

A corporation reported cash of $27,000 and total assets of $461,000 on its balance sheet.Its common-size percent for cash equals:

A) 17.1%.
B) 58.6%.
C) 100%.
D) 5.86%.
E) 1707%.

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