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    Fundamental Accounting Principles Study Set 6
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    Exam 17: Analysis of Financial Statements
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    A Corporation Reported Cash of $14,000 and Total Assets of $178,300.Its
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A Corporation Reported Cash of $14,000 and Total Assets of $178,300.Its

Question 25

Question 25

True/False

A corporation reported cash of $14,000 and total assets of $178,300.Its common-size percent for cash equals 7.85%.
($14,000/$178,300)* 100 = 7.85%

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