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Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.) Cash Accounts receivable Equipment,

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Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.) Cash Accounts receivable Equipment, net Land Total assets Current Year $ 12,700 64,000 64 , 100, 500 $ 241,200 Prior Year $ 16,200 29,900 56, 76,000 . $ 178,100 QS 13.6 (Algo) Vertical analysis LO P2 Express the items in common-size percents. (Round your percentage answers to one decimal plac Cash Accounts receivable Equipment, net Current Year % % % % % Prior Year % % % % % Land Total assets

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