Tri Designs, Inc. has the following data: Perform a vertical analysis of Tri Designss balance sheet for
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Perform a vertical analysis of Tri Designs€™s balance sheet for each year.
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TRI DESIGNS, INC. Comparative Balance Sheet December 31, 2016 and 2015 2016 2015 Assets Total Current Assets Property, Plant, and Equipment, Net Other Assets Total Assets 54,950 72,250 158,950 57,800 350,000 S 289,000 250,250 44,800 Liabilities Total Current Liabilities Long-term Debt Total Liabilities 49,700 47,685 118,300 168,000 196,520 244,205 Stockholders Equity Total Stockholders Equity Total Liabilities and Stockholders' Equity 182,000 350,000 S289,000 44,795
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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