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1. Alan Dershowitz, a law professor famous for his wealthy clients (O. J. Simpson among others),...


1. Alan Dershowitz, a law professor famous for his wealthy clients (O. J. Simpson among others), joined with other lawyers to
Question 36 10 pts The comparative balance sheet for Silverlight Co. is shown below. Express the balance sheet in common-size
1. Alan Dershowitz, a law professor famous for his wealthy clients (O. J. Simpson among others), joined with other lawyers to open a kosher delicatessen, Maven's Court. Dershowitz met with greater success at the bar than in the kitchen-the deli failed after barely a year in business. One supplier sued for overdue bills. What form of organization would have been the best choice for Maven's Court?
Question 36 10 pts The comparative balance sheet for Silverlight Co. is shown below. Express the balance sheet in common-size percentages. Round to whole number*** Year 2 Year 1 Cash $34.20 $35.70 Accounts receivable 85.50 76.50 Merchandise inventory 125.40 91.80 plant assets (net) 324.90 306.00 Total assets $570.00 5510.00 Accounts payable $ 51.30 $76.50 Bonds payable 159.60 107.10 Common stock 279.30 265.20 Retained earnings 79.80 61.29 Total liabilities and equity $570.00 $510.00
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  • Question 36 10 pts The comparative balance sheet for Silverlight Co. is shown below. Express the...

    Question 36 10 pts The comparative balance sheet for Silverlight Co. is shown below. Express the balance sheet in common-size percentages. ***Round to whole number*** Year 2 Year 1 96 100 $34.20 Cash $35.70 112 100 85.50 Accounts receivable 76.50 137 100 Merchandise inventory 125.40 91.80 106 100 Plant assets (net) 324.90 306.00 112 100 $570.00 Total assets $510.00 67 100 Accounts payable $ 51.30 $ 76.50 149 100 159.60 Bonds payable 107.10 105 100 279.30 Common stock 265.20 130...

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