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Shaq Sports Shop's financial statement reports Total Assets of $380,000, Total Sales of $390,000, Stockholders Equity of $424,000, Liabilities of $44,000, and Net Income of
Shaq Sports Shop's financial statement reports Total Assets of $380,000, Total Sales of $390,000, Stockholders Equity of $424,000, Liabilities of $44,000, and Net Income of $115,000. If you were to perform a vertical analysis of the balance sheet, you would divide each of the liability line items by: [Provide a number use a comma but no dollar sign, use the following format: 100,000 or 1,000,000 or 1,000). Only provide the number no need for any additional comments.]
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