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    Exam 2: Basic Accounting Systems: Cash Basis
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    A Common-Sized Balance Sheet Is Prepared by Expressing Each Liability
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A Common-Sized Balance Sheet Is Prepared by Expressing Each Liability

Question 87

Question 87

Multiple Choice

A common-sized balance sheet is prepared by expressing each liability item as a percent of:


A) total sales.
B) total stockholders' equity.
C) total liabilities.
D) total liabilities plus stockholders' equity.

Correct Answer:

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