On a Common-Sized Balance Sheet, 100% Is

question 33

Multiple Choice

On a common-sized balance sheet, 100% is

• A) total property, plant, and equipment
• B) total current assets
• C) total liabilities
• D) total assets

---

Definitions:

Net Cash

The amount of cash that remains with a company after all its current liabilities are accounted for, indicating the company's liquidity position.

Equity

Ownership interest in a company, often represented by stocks, giving shareholders a claim on assets and earnings.

Credit Purchases

Transactions where goods, services, or assets are bought with the promise of future payment, often involving interest charges over time.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.