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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 $ 10, 480 60, 500 57,000 98,000 $ 225, 980 Prior Year $ 13,480 25, see 50,400 72,500 $ 162, 100 QS 17-6 (Algo) Vertical analysis LO P2 Express the items in common-size percents. (Round your percentage answers to one decimal place.) Current Year Prior Year 96 96 Cash Accounts recevable Equipment, net Land se %% 90 55 0.01 Total assets 0.01

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