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3) The Optical frame company reported the following amounts on its balance sheet at December 31, 2018 and 2019: 2018 40,000 45,000 2019 Cash and receivables Merchandise inventory Property and equipment 50,000 40,000 95,000 180,000 Prepare a vertical analysis of Tri-State assets for 2018 and 2019. 110,000 Total Assets 200,000

3) The Optical frame company reported the following amounts on its balance sheet at December 31, 2018 and 2019: 2018 40,000 45,000 2019 Cash and receivables Merchandise inventory Property and equipment 50,000 40,000 95,000 180,000 Prepare a vertical analysis of Tri-State assets for 2018 and 2019. 110,000 Total Assets 200,000

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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3) The Optical frame company reported the following amounts on its balance sheet at December 31, 2018 and 2019: 2018 40,000 45,000 2019 Cash and receivables Merchandise inventory Property and equipment 50,000 40,000 95,000 180,000 Prepare a vertical analysis of Tri-State assets for 2018 and 2019. 110,000 Total Assets 200,000
Transcribed Image Text:3) The Optical frame company reported the following amounts on its balance sheet at December 31, 2018 and 2019: 2018 40,000 45,000 2019 Cash and receivables Merchandise inventory Property and equipment 50,000 40,000 95,000 180,000 Prepare a vertical analysis of Tri-State assets for 2018 and 2019. 110,000 Total Assets 200,000
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