Question: Fore Golf Company has requested that you perform a vertical analysis of its balance sheet to determine the component percentages of its assets, liabilities, and

Fore Golf Company has requested that you perform a vertical analysis of its balance sheet to determine the component percentages of its assets, liabilities, and stockholdersequity.

Fore Golf Company Balance Sheet December 31, 2010 Assets 43,000 Total current assets Property, plant, and equipment, ne.117,000 Other assets Total assets 38,000 $198,000 Liabilities Total current liabiliti Long term debt Total liabilities 49,000 109,000 158,000 Stockholders' Equity 40,000 Total stockholders' equity Total liabilities and stockholders' equity.

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