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Please answer problem #3, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you! Using these data from the comparative balance sheet of Ivanhoe Company, perform
Please answer problem #3, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you!
Using these data from the comparative balance sheet of Ivanhoe Company, perform vertical analysis. (Round percentages to 1 decimal place, eg. 12.5%) Dec. 31, 2022 Dec. 31, 2021 Amount Percentage Amount Percentage Accounts receivable $ 487,200 96 $ 420,000 96 Inventory $ 804,000 % $ 670,000 %6 Total assets $3.237.600 % $2.840.000 96 Step by Step Solution
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