A corporation reported cash of $16,000 and total assets of $180,300 on its balance sheet. Its common-size percent for cash equals: Multiple Choice 0. 09%. 1. 27%. 2. 43%. 3. 870.00%. 4. 87%.
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$$ \text{Common-size percent} = \frac{\text{Cash}}{\text{Total Assets}} \times 100 $$ Show more…
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