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12. Test Your Practical Skills: If you are told that LSJ Companys plant property and equipment value at 12/31/2023 is $750,000 of the companys total
12. Test Your Practical Skills: If you are told that LSJ Companys plant property and
equipment value at 12/31/2023 is $750,000 of the companys total assets of $1,000,000
Apply your vertical analysis skills and calculate what percentage the PPE represents of
total assets.
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