Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] Cash Accounts receivable Equipment, net Land Total assets QS 13-6 (Algo) Vertical analysis LO P2 Current Year $ 8,400 56,000 48,000 93,500 $ 205,900 Cash Accounts receivable Equipment, net Express the items in common-size percents. (Round your percentage answers to one decimal place.) Land Total assets Current Year % % % % Prior Year $ 9,600 20,400 43,200 68,000 $ 141,200 % Prior Year % % % % %
Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] Cash Accounts receivable Equipment, net Land Total assets QS 13-6 (Algo) Vertical analysis LO P2 Current Year $ 8,400 56,000 48,000 93,500 $ 205,900 Cash Accounts receivable Equipment, net Express the items in common-size percents. (Round your percentage answers to one decimal place.) Land Total assets Current Year % % % % Prior Year $ 9,600 20,400 43,200 68,000 $ 141,200 % Prior Year % % % % %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Use the following information for the Quick Studies below. (Algo)
[The following information applies to the questions displayed below.]
Cash
Accounts receivable
Equipment, net
Land
Total assets
QS 13-6 (Algo) Vertical analysis LO P2
Current Year
$ 8,400
56,000
48,000
93,500
$ 205,900
Cash
Accounts receivable
Equipment, net
Express the items in common-size percents. (Round your percentage answers to one decimal place.)
Land
Total assets
Current Year
%
%
%
Prior Year
$ 9,600
20,400
43,200
68,000
$ 141,200
%
%
Prior Year
%
%
%
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb3995f9f-fece-4aba-9bec-7f0200bb676d%2Fe757042c-fc82-4587-97e0-19286945799d%2Ffcpnwo_processed.png&w=3840&q=75)
Transcribed Image Text:Use the following information for the Quick Studies below. (Algo)
[The following information applies to the questions displayed below.]
Cash
Accounts receivable
Equipment, net
Land
Total assets
QS 13-6 (Algo) Vertical analysis LO P2
Current Year
$ 8,400
56,000
48,000
93,500
$ 205,900
Cash
Accounts receivable
Equipment, net
Express the items in common-size percents. (Round your percentage answers to one decimal place.)
Land
Total assets
Current Year
%
%
%
Prior Year
$ 9,600
20,400
43,200
68,000
$ 141,200
%
%
Prior Year
%
%
%
%
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