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Begin by preparing a vertical analysis of Martin's assets for 2024, then prepare a vertical analysis f 2023. (Round the percent of total amounts
Begin by preparing a vertical analysis of Martin's assets for 2024, then prepare a vertical analysis f 2023. (Round the percent of total amounts Martin Optical Company Balance Sheet (partial) December 31, 2024 and 2023 2024 Percent of Total 2023 Percent of Total Cash and Receivables 79,750 % S 57,820 Merchandise Inventory 60,030 96 51,205 150,220 Property, Plant and Equipment, Net % 135,975 $ 290,000 245,000 Total Assets %
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
