Berta's total assets are $100,000; its total liabilities are $40,000; total equity is $60,000; current liabilities are $10,000. If the company prepares a common-size balance sheet, its current liabilities would be expressed as:

Respuesta :

Answer:

10%

Explanation:

Current liabilities 10,000

Total assets 100,000

10,000/ 100,000 = .1

.1 x 100 = 10%

ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE