Question: Given the following data for the Blue Spruce Corp.: Current liabilities $580 Long-term debt 550 Common stock 880 Retained earnings 190 Total liabilities & stockholders
Given the following data for the Blue Spruce Corp.: Current liabilities $580 Long-term debt 550 Common stock 880 Retained earnings 190 Total liabilities & stockholders equity $2200 How would common stock appear on a common size balance sheet? 40% 42% 32% 106%
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