Patterson Golf Company has requested that you perform a vertical analysis of its balance sheet to determine
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A1 Patterson Golf Company Balance Sheet December 31, 2014 2 Assets 3 Total current assets 5 Other assets 7 S 63,000 206,000 40,000 S 309,000 Property, plant, and equipment, net Total assets Liabilities 49,000 107,000 156,000 Total current liabilities 10Long-term debt 11 Total liabilities 12 13 Stockholders' Equity 1 Total stockholders' equity 15 Total liabilities and stockholders' equity 153,000 $ 309,000
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Related Book For
Financial Accounting
ISBN: 978-0133427530
10th edition
Authors: Walter Harrison, Charles Horngren, William Thomas
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