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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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