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How would common stock appear on a common size

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Q1. Hanover, Inc. purchased land through the issuance of long-term bonds. How is this reported on the statement of cash flows?

Investing inflow

Financing outflow

Significant noncash investing and financing activity that merits disclosure

Operating activity

Q2. Ceradyne, Inc. presented the following data for a company:

Current liabilities $360Long-term debt480Common stock640Retained earnings520Total liabilities & stockholders equity$2,000

How would common stock appear on a common size balance sheet using vertical analysis?

32.0%

75.0%

Cannot be determined from the data given

55.1%

Reference no: EM131633593

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