Question: Given the following data for the Novak Corp.: Current liabilities $560 Long-term debt 460 Common stock 780 Retained earnings 200 Total liabilities & stockholders equity

Given the following data for the Novak Corp.: Current liabilities $560 Long-term debt 460 Common stock 780 Retained earnings 200 Total liabilities & stockholders equity $2000 How would common stock appear on a common size balance sheet? 41% 31% 103% 39%

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