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A Corporation Reported Cash of $14,000 and Total Assets of $178,300

Question 231

Multiple Choice

A corporation reported cash of $14,000 and total assets of $178,300 on its balance sheet. Its common-size percent for cash equals:

A) 12.73%.
B) 7.85%.
C) .0785%.
D) 7850%.
E) 1273%.

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