Part A) Wages Payable as a percent of Total Liabilities & Owners Equity in 2016 is

A.3.60%

B.0.93%

C.-77.78%

Part B) The asset with the highest percentage as a percent of Total Assets in 2017 is

A.Cash

B.Accounts Receivable

C.Van

Vertical Analysis Capital City Carpet Cleaning Balance Sheet For the Years Ended June 30, 2017 and June 30, 2016 2017 2016 2017 2016 Percentage Percentage Assets: Cash Accounts Receivable Job and Materials Supplies Office Supplies Van Accum. Dep. Van Equipment Accum. Dep Equipment $ 12,100.00 $ 8,450.00 3,250.00 13,500.00 3,150.00 170.00 21,500.00 21,500.00 (12,000.00) 11,000.00) 6,950.00 (5,670.00) (5,270.00) S 32,305.00 S 37,450.00 5,750.00 425.00 6,950.00 100% 100% Total Assets Liabilities: Accounts Payable 5,805.00 2,350.00 1,350.00 6,105.00 13,700.00 300.00 Wages Payable Total Liabilities Owner's Equity: J. Coss, Capital Total Liabilities & Owner's Equity 26,200.00 23,750.00 32,305.00 S37.450.00 100% 100%