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Hooser Optical Company reported the following amounts on its balance sheet at December 31: Cash and receivables $ 53,105 Inventory 42,570 Property, plant, and
Hooser Optical Company reported the following amounts on its balance sheet at December 31: Cash and receivables $ 53,105 Inventory 42,570 Property, plant, and equipment, net 119,325 Total assets .. $ 215,000 Perform a vertical analysis of Hooser Optical Company's assets at year end. (Round your answers to one decimal place.) Balance Sheet (adapted) December 31 Amount Percent of Total Cash and receivables $ 53,105 % Inventory 42,570 119,325 Property, plant, and equipment, net $ 215,000 100.0 Total assets %
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