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Horizontal Analysis of Balance Sheet Assignment | Top Universities

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CARDINAL CORPORATION Balance Sheets December 31 2017 2016 2015 30,000 $24,000 $ 20,000 Cash Receivables (net) 110,000 48,000 48,000 Other current assets 62,000 80,000 78,000 70,000 90,000 50,000 Investments Plant and equipment (net) 603,000 400,000 360,000 Total Assets $913,000 $620,000 $540,000 $70,000 Current liabilities 98,000 75,000 Long-term debt 230,000 75,000 65,000 Common stock, $10 par 400,000 340,000 300,000 Retained earnings 185,000 130,000 105,000 Total Liabilities …

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