Decide whether each of the following statements is true or false.Answer 11. Common Stock is...

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Accounting

Decide whether each of the following statements is true or false.Answer 11. Common Stock is known as the contributed capital or investments by owners into a company.Answer 22. Retained Earnings is equal to the net income over the life of the company.Answer 33. If two companies have the same Current Ratio, then an investor can say that the companies are equally liquid, as well.

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