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A Corporation Reports the Following Year-End Balance Sheet Data A) 037
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question 72

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A corporation reports the following year-end balance sheet data. The company's debt ratio equals:  Cash $40,000 Current liabilities $75,000 Accounts receivable 55,000 Long-term liabilities 35,000 Inventory 60,000 Common stock 100,000 Equipment 145,000 Retained earnings $90,000 Total assets $300,000 Total liabilities and equity $300,000\begin{array} { l | r | l | r } \text { Cash } & \$ 40,000 & \text { Current liabilities } & \$ 75,000 \\\hline \text { Accounts receivable } & 55,000 & \text { Long-term liabilities } & 35,000 \\\hline \text { Inventory } & 60,000 & \text { Common stock } & 100,000 \\\hline \text { Equipment } & \underline { 145,000 } & \text { Retained earnings } & \$ 90,000 \\\hline \text { Total assets } & \$ 300,000 & \text { Total liabilities and equity } & \$ 300,000 \\\hline\end{array}

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Complex networks designed to transmit electricity, data, or other resources from one location to another efficiently and reliably.

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A distinguishing characteristic or trait that makes an individual or an entity distinct from others.

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The process of communication and exchange between individuals or groups, often involving social, cultural, or professional exchange.

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A group of interconnected computers, servers, and devices that can share data and resources with each other, often categorized by the scope such as LAN, WAN, or MAN.

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