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Question 28 As of December 31, year 4, Johnson City Company had $100,000...

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Accounting

Question 28
As of December 31, year 4, Johnson City Company had $100,000 of assets, $40,000 of
liabilities and $25,000 of retained earnings. What percent of Johnson City's assets were
obtained from investors?
35%
40%
25%
30%
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