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Cash Accounts receivable Equipment, net Land Total assets Current Yr $ 7,440 54,000 44,000 91,680 $197,120 Prior Yr $ 8,000 18,000 40,000 66,000 $132,000 QS 17-6 Vertical analysis P2 Express the items from QS 17-5 in common-size percents.

Cash Accounts receivable Equipment, net Land Total assets Current Yr $ 7,440 54,000 44,000 91,680 $197,120 Prior Yr $ 8,000 18,000 40,000 66,000 $132,000 QS 17-6 Vertical analysis P2 Express the items from QS 17-5 in common-size percents.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Can you complete question 17-6 please

QS 17-5 Horizontal analysis P1 Compute the annual dollar changes and percent changes for each of the following items. Cash Accounts receivable Equipment, net Land Total assets Current Yr $ 7,440 54,000 44,000 91,680 $197,120 Prior Yr $ 8,000 18,000 40,000 66,000 $132,000 QS 17-6 Vertical analysis P2 Express the items from QS 17-5 in common-size percents.
Transcribed Image Text:QS 17-5 Horizontal analysis P1 Compute the annual dollar changes and percent changes for each of the following items. Cash Accounts receivable Equipment, net Land Total assets Current Yr $ 7,440 54,000 44,000 91,680 $197,120 Prior Yr $ 8,000 18,000 40,000 66,000 $132,000 QS 17-6 Vertical analysis P2 Express the items from QS 17-5 in common-size percents.
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