Question: 11. Perform a vertical analysis for the balance sheet entry Accounts Payable given below.(Round to th nearest tenth) Liabilities and Owner's Equit Current Liabilities Accounts
11. Perform a vertical analysis for the balance sheet entry "Accounts Payable" given below.(Round to th nearest tenth) Liabilities and Owner's Equit Current Liabilities Accounts Payable Salaries Payable Taxes Payable Total Current Liabilities Long-term Liabilities Debenture Bond Total Liabilities Stockholder's Equity Retained earnings $ 8,100 14,600 1,500 24,200 6,000 30,200 6,700 $36,900 Total Liabilities and Stockholder's Equity a. 22.0% b. 17.5% C. 16.9% d. 14.8%
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