Question: Consider the following data from Shower Windows Ltd.'s statement of financial position: Cash $ 530 Accounts receivable 195 Inventory 245 Tangible assets 1,220 Intangible assets

Consider the following data from Shower Windows Ltd.'s statement of financial position: Cash $ 530 Accounts receivable 195 Inventory 245 Tangible assets 1,220 Intangible assets 350 Total assets $ 2,540 Performing vertical analysis, what is the percentage of tangible assets to total assets? A. 14% B. 208% C. 21% D. 48%

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