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Question 9
N3 Corporation has assets of $3,000,000, common stock of $780,000,
and retained earnings of $475,000. What are the creditors’ claims on
their assets?
Question 10
The following information is available for Bradshaw Corporation and
Newell Corporation:
Based on this information, the earnings per share calculations (rounded
to two decimals)
Question 11
Reporting a net income of $95,000 will
Question 12
Based on the following data, what is the amount of current assets?
Accounts
payable………………………………………………………..
$6
2,000
Accounts
receivable……………………………………………………..
10
0,000
Cash……………………………………………………………………….
50,000
Intangible
assets…………………………………………………………
100
,000
Inventory………………………………………………………………….
138,000
Long-term
investments………………………………………………….
160,
000
Long-term