The balance sheet for Jeanine Company is given below: If a common-size balance sheet was prepared,what would Jeanine Company report for Cash?
A)13.5%
B)21.5%
C)25.2%
D)62.3%

Question

The balance sheet for Jeanine Company is given below:   If a common-size balance sheet was prepared,what would Jeanine Company report for Cash?
A)13.5% 
B)21.5% 
C)25.2% 
D)62.3%

Quizplus · Accepted Answer

The Answer of The balance sheet for Jeanine Company is given below:   If a common-size balance sheet was prepared,what would Jeanine Company report for Cash?
A)13.5% 
B)21.5% 
C)25.2% 
D)62.3%

The Balance Sheet for Jeanine Company Is Given Below