The balance sheet for Riverview Company is given below: $242 Cash Accounts Receivable Inventory Prepaid Insurance...
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The balance sheet for Riverview Company is given below: $242 Cash Accounts Receivable Inventory Prepaid Insurance Fixed Assets Accumulated Depreciation Total Assets Accounts payable Wages payable Notes payable Paid-in capital 200 388 70 452 (228) $1.124 $152 32 420 160 Retained earnings Total liabilities and stockholders' equity $1,124 If a common-size balance sheet was prepared, what would Riverview Company report for accounts receivable? 360 The balance sheet for Riverview Company is given below: $242 Cash Accounts Receivable Inventory Prepaid Insurance Fixed Assets Accumulated Depreciation Total Assets Accounts payable Wages payable Notes payable Paid-in capital 200 388 70 452 (228) $1.124 $152 32 420 160 Retained earnings Total liabilities and stockholders' equity $1,124 If a common-size balance sheet was prepared, what would Riverview Company report for accounts receivable? 360
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