Using the balance sheets provided above for The Enchanted Forest Boutique, the amount that should be included in box L of the vertical analysis above is: Group of answer choices A. 100% B. 0% C. 4.41% D . 23.76% The Enchanted Forest Boutique Balance Sheets As of December 31, 2018 and December 31, 2019 Cash Accounts receivable Inventory Prepaid insurance Total current assets Equipment Less: Accumulated depreciation Net fixed assets Total assets Accounts payable Wages and payroll taxes payable Short-term portion of mortgage payable Total current liabilities Mortgage payable Total liabilities Owner's equity Total liabilities and owner's equity 2018 Minimize global navigation 19541 40,285 1.258 67,405 127,300 21,150 106,150 $173.555 $16.996 6,647 7,800 31,443 45.000 76,443 97,112 2019 $173,555 7555 20.145 39,552 1.313 68.565 131,300 23,150 108,150 $176,715 $ 17,113 7,916 7,800 32,829 37,200 70,029 106,686 $176,715 Vertical Analysis 2019 A B C D E F G H I J K L M N P Q R
Using the balance sheets provided above for The Enchanted Forest Boutique, the amount that should be included in box L of the vertical analysis above is: Group of answer choices A. 100% B. 0% C. 4.41% D . 23.76% The Enchanted Forest Boutique Balance Sheets As of December 31, 2018 and December 31, 2019 Cash Accounts receivable Inventory Prepaid insurance Total current assets Equipment Less: Accumulated depreciation Net fixed assets Total assets Accounts payable Wages and payroll taxes payable Short-term portion of mortgage payable Total current liabilities Mortgage payable Total liabilities Owner's equity Total liabilities and owner's equity 2018 Minimize global navigation 19541 40,285 1.258 67,405 127,300 21,150 106,150 $173.555 $16.996 6,647 7,800 31,443 45.000 76,443 97,112 2019 $173,555 7555 20.145 39,552 1.313 68.565 131,300 23,150 108,150 $176,715 $ 17,113 7,916 7,800 32,829 37,200 70,029 106,686 $176,715 Vertical Analysis 2019 A B C D E F G H I J K L M N P Q R
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
Problem 1PS
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Transcribed Image Text:Using the balance sheets provided above for The Enchanted Forest Boutique, the amount that should be
included in box L of the vertical analysis above is: Group of answer choices A. 100% B. 0% C. 4.41% D
. 23.76%
The Enchanted Forest Boutique
Balance Sheets
As of December 31, 2018 and December 31, 2019
Cash
Accounts receivable
Inventory
Prepaid insurance
Total current assets
Equipment
Less: Accumulated depreciation
Net fixed assets
Total assets
Accounts payable
Wages and payroll taxes payable
Short-term portion of mortgage payable
Total current liabilities
Mortgage payable
Total liabilities
Owner's equity
c
Total liabilities and owner's equity
2018
Minimize global navigation
19,541
40.285
1.258
67,405
127,300
21.150
106,150
$173,555
$ 16,996
6.647
7.800
31,443
45,000
76.443
97,112
2019
$173.555
17,555
20,145
39,552
1.313
68.565
131,300
23.150
108,150
$176,715
$ 17,113
7,916
7,800
32.829
37.200
70.029
106.686
$176,715
Vertical
Analysis
2019
A
BCDE
с
Ε
F
G
H
I
J
K
L
M
N
P
Q
R
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