Great Value Optical Company reported the following amounts on its balance sheet at December 31, 2024 and

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Great Value Optical Company reported the following amounts on its balance sheet at December 31, 2024 and 2023:

Prepare a vertical analysis of Great Value’s assets for 2024 and 2023.

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Horngrens Accounting The Financial Chapters

ISBN: 9780136162186

13th Edition

Authors: Tracie Miller Nobles, Brenda Mattison

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Question Posted: Mar 08, 2023 04:06 AM

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Great Value Optical Company reported the following amounts on its balance sheet at December 31, 2024 and

Question:

Cash and Receivables Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2024 $ 80,640 56,840 142,520 $ 280,000 2023 $ 80,575 54,450 139,975 $ 275,000

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Horngrens Accounting The Financial Chapters

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