Question

Verifine Optical Company reported the following amounts on its balance sheet at­December 31:
Cash and receivables.................................................................................... $ 49,525 Inventory...................................................................................................... 35,525
Property, plant, and equipment, net.............................................................. 89,950
Total assets................................................................................................... $ 175,000

Perform a vertical analysis of Verifine Optical Company’s assets at year end.



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  • CreatedAugust 27, 2014
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