Question: ! Required information Use the following information for the Quick Studies below. (Algo) (The following information applies to the questions displayed below.) Cash Accounts receivable

 ! Required information Use the following information for the Quick Studies

! Required information Use the following information for the Quick Studies below. (Algo) (The following information applies to the questions displayed below.) Cash Accounts receivable Equipment, net Land Total assets Current Year $ 12,700 64,000 64,000 100,500 $ 241,200 Prior Year $ 16, 200 29,900 56,000 76,000 $ 178, 100 QS 13-6 (Algo) Vertical analysis LO P2 Express the items in common-size percents. (Round your percentage answers to one decimal place.) Current Year Prior Year % Cash % % % Accounts receivable Equipment, net Land % % % 0.0 % % 0.0 % Total assets

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