C company is preparing a common-size balance sheet and wishes the base amount to be e total amount of assets. What are the 2021 and 2022 common-size percents for long-term westments? sh tal current assets operty and equipment ng-term investments cangible assets ther long-term assets tal assets 101,769 112,577 12,700 7.90% in 2021 and 7.27% in 2022. 2021 8.58% in 2021 and 7.85% in 2022 $21,904 16,621 11,709 21.52% in 2021 and 22.82% in 2022. 4.97% in 2021 and 1.06% in 2022. $255,376 2022 $32,203 141,128 202,558 4,344 The percent cannot be computed for 2021 and it is 47.01% in 2022. 48,703 13,754 $410,487
C company is preparing a common-size balance sheet and wishes the base amount to be e total amount of assets. What are the 2021 and 2022 common-size percents for long-term westments? sh tal current assets operty and equipment ng-term investments cangible assets ther long-term assets tal assets 101,769 112,577 12,700 7.90% in 2021 and 7.27% in 2022. 2021 8.58% in 2021 and 7.85% in 2022 $21,904 16,621 11,709 21.52% in 2021 and 22.82% in 2022. 4.97% in 2021 and 1.06% in 2022. $255,376 2022 $32,203 141,128 202,558 4,344 The percent cannot be computed for 2021 and it is 47.01% in 2022. 48,703 13,754 $410,487
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:JMC company is preparing a common-size balance sheet and wishes the base amount to be
the total amount of assets. What are the 2021 and 2022 common-size percents for long-term
investments?
Cash
Total current assets
Property and equipment
Long-term investments
Intangible assets
Other long-term assets
Total assets
101,769
112,577
12,700
O 7.90% in 2021 and 7.27% in 2022.
2021
$21,904
O 8.58% in 2021 and 7.85% in 2022
11,709
16,621
O 21.52% in 2021 and 22.82% in 2022.
O 4.97% in 2021 and 1.06% in 2022.
$255,376
2022
$32,203
141,128
202,558
4,344
48,703
13,754
O The percent cannot be computed for 2021 and it is 47.01% in 2022.
$410,487
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