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11-11-2020
Mathematics

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. Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.)

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buchinnamani208 buchinnamani208

14-11-2020

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Answer and Step-by-step explanation:

We are asked to find the percentage of each asset or liability in total assets and liabilities. To find percentage of each asset or liability in the balance sheet, we divide the asset or liability's value(from each year in the balance sheet) by total assets and liabilities for that year and multiply by 100:

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