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The founders of HIK construction company invested a total of $400,000 upon formation of the
company two years ago. No dividends have been paid. Now the company has total assets of
$170,000, current assets of $80,000, current liabilities of $95,000, and long-term liabilities of
$50,000. Do you think that the company has been successful during its first two years of
operations?

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The founders of HIK construction company invested a total of $400-000.pdf

  • 1. The founders of HIK construction company invested a total of $400,000 upon formation of the company two years ago. No dividends have been paid. Now the company has total assets of $170,000, current assets of $80,000, current liabilities of $95,000, and long-term liabilities of $50,000. Do you think that the company has been successful during its first two years of operations?