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Jackson Company Balance Sheet For the years ended December 31 Assets Year 2 Year 1 Cash 10.40% 6.10% Accounts Receivable 9.20% 11.60% Merchandise Inventory 14.70%
| Jackson Company | |||
| Balance Sheet | |||
| For the years ended December 31 | |||
| Assets | Year 2 | Year 1 | |
| Cash | 10.40% | 6.10% | |
| Accounts Receivable | 9.20% | 11.60% | |
| Merchandise Inventory | 14.70% | 14.30% | |
| Prepaid Insurance | 1.40% | 2.30% | |
| Long-term investments | 11.80% | 5.50% | |
| Plant assets(net) | 52.50% | 60.10% | |
| Total assets | 100% | 100% | |
| liabilities and equity | |||
| current liabilities | 14.90% | 20.70% | |
| long-term liabilities | 10.80% | 9.90% | |
| common stock | 6.20% | 41.30% | |
| retained earning | 6.60% | 28.10% | |
| Total liabilities and equity | 100% | 100% | |
Summarize and report on results of various financial analyses, vertical analysis
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