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Complete a vertical analysis on the balance sheet forJake's Janitorial Service for December 31 of last year. The company assets are cash $ 19,000 ,
Complete a vertical analysis on the balance sheet forJake's Janitorial Service for December 31 of last year. The company assets are cash $ 19,000 ,
accounts receivable $40,000,
merchandise inventory $96,000,
and equipment $70,000.
The liabilities are accounts payable $15,000,
wages payable $14,000,
and mortgage note payable $83,000.
Theowner's capital is $126,986.
Express answers as a percent rounded to the nearest tenth.
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