Question: QS 17-6 (Algo) Vertical analysis LO P2 Express the items in common-size percents. (Round your percentage answers to one decimal place.) Use the following information
QS 17-6 (Algo) Vertical analysis LO P2
Express the items in common-size percents. (Round your percentage answers to one decimal place.)
Use the following information for the Quick Studies below. (Algo)
[The following information applies to the questions displayed below.]
| Current Year | Prior Year | |
|---|---|---|
| Cash | $ 9,400 | $ 11,800 |
| Accounts receivable | 58,500 | 23,400 |
| Equipment, net | 53,000 | 47,200 |
| Land | 96,000 | 70,500 |
| Total assets | $ 216,900 | $ 152,900 |
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