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Empire Moving Company reported the following amounts on its balance sheet as of December 31, 2016 and December 31, 2017: For the vertical analysis, what

Empire Moving Company reported the following amounts on its balance sheet as of December 31, 2016 and December 31, 2017:

For the vertical analysis, what is the percentage of total liabilities for December 31, 2016? (Round your answer to two decimal places.)

100.00%

41.52%

36.26%

41.18%

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