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PLEASE ANSWER ASAP Verifine Optical Company reported the following amounts on its balance sheet at December 31: Cash and receivables $ 55,400 Inventory... 41,800 Property,
PLEASE ANSWER ASAP
Verifine Optical Company reported the following amounts on its balance sheet at December 31: Cash and receivables $ 55,400 Inventory... 41,800 Property, plant, and equipment, net 102,800 Total assets.... $ 200,000 Perform a vertical analysis of Verifine Optical Company's assets at year end. (Round your answers to one decimal place.) Verifine Optical Company Balance Sheet (adapted) December 31 Percent of Total % Cash and receivables Inventory Property, plant, and equipment, net Total assets Amount $ 55,400 41,800 102,800 $ 200,000 100.0%Step by Step Solution
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