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Q1. (20 marks) Calculate Vertical Analysis on the following data. Capilano Corporation Balance Sheet December 31, 2019 Assets Total current assets$ 320,000 Long-term investments100,000 Property,
Q1. (20 marks) Calculate Vertical Analysis on the following data. Capilano Corporation Balance Sheet December 31, 2019 Assets Total current assets$ 320,000 Long-term investments100,000 Property, plant, and equipment, net855,000 Total assets$1,275,000 Liabilities Total current liabilities$210,000 Non-current debt480,000 Total liabilities$690,000 Shareholders' equity Total shareholders' equity$585,000 Total liabilities and shareholders' equity$1,275,000
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