Prepare a common-size balance sheet from the following information for Abercrombie Supply Company. Abercrombie Supply Company Balance
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Abercrombie Supply Company Balance Sheet as of June 30, 2014(S thousands) Assets: Cash and marketable securities Accounts receivable Inventory Other current assets Liabilities and Equity: S 817,845 101,229 41,322 S 396,494Accounts payable 708,275 Notes payable 1,152,398Accrued income taxes 42,115 Total current assets Netplant and equipment Total current liabilities 1,978,455Long-term debt 1,149,520 Total liabilities Common stock 1,312,137 855,684 Retaned eamimgs Total common equity $4211,137 Total liabilities and equity Total assets
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1118845899
3rd edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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