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I need help answering this question Variline Optical Company reported the following amounts on its balance sheet at December 31: Cash and receivables.. ........... $

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Variline Optical Company reported the following amounts on its balance sheet at December 31: Cash and receivables.. ........... $ Inventory Property, plant, and equipment, net ....... $ Total assets .........................E 49,980 43,470 116,550 210,000 Perform a vertical analysis of Variline Optical Company's assets at year end. (Round your answers to one decimal place.) Variline Optical Company Balance Sheet (adapted) December 31 Percent of Total $ Cash and receivables Inventory Amount 49,980 43,470 116,550 210,000 Property, plant, and equipment, net $ Total assets 100.0%

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