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CP13-3 (Algo) Vertical Analysis of a Balance Sheet [LO 13-3, LO 13-5] 13 A condensed balance sheet for Theopold Gaming, and a partially completed
CP13-3 (Algo) Vertical Analysis of a Balance Sheet [LO 13-3, LO 13-5] 13 A condensed balance sheet for Theopold Gaming, and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each line item as a percentage of total assets. TIP: Accounts Receivable was 5 percent, computed as ($292 = $5,787). 2-a. What percentages of Theopold Gaming assets relate to intangibles versus property and equipment? 2-b. Which of these two asset groups is more significant to Theopold Gaming business?
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