Given the following data for the corky company: current liabilities $ 400long-term debt 480common stock 600retained earnings 520total liabilities & stockholders' equity $2,000how would common stock appear on a common size balance sheet?

Common Stock 30%

Explanation:

a common size balance sheet means to express each value of the balance sheet as a percentage of total assets.

as total liabilities and stockholders' equity is 2,000

From the accounting equation

Assets = Liabilities + Equity

we get that total asset is also 2,000

now we express common stock based on total assets:

600 / 2000 x 100 = 30%

match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability