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Baxter company balance sheet august 31, 2017 assets current assets: $23,600 accounts receivable 5,450 supplies 950 total current 30,000 equipment 11,000 total assets $41,000 (cash + acc. rec. + sup. + equip.) liabilities and stockholders’ equity current liabilities accounts payable $9,000 stockholders’ equity common 30,000 retained 2,000 32,000 total liabilities and stockholders’ equity $41,000 (acct. pay. + com. stock. + ret. earn.) what percent of assets were financed by creditors and investors respectively in baxter company? a. 20%, 80% b. 22%, 78% c. 30%, 70% d. 73%, 27%
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Baxter company balance sheet august 31, 2017 assets current assets: $23,600 accounts receivable...
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