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SOMEONE PLS HELP :) Prepare a vertical analysis of both the balance sheets and income statements for Year 4 and Year 3 . Complete this
SOMEONE PLS HELP :)
Prepare a vertical analysis of both the balance sheets and income statements for Year 4 and Year 3 . Complete this question by entering your answers in the tabs below. Prepare a vertical analysis of the balance sheets for Year 4 and Year 3. (Percentages may not add exactly due to rounding. Round your percentage answers to 2 decimal places. (Le., 0.2345 should be entered as 23.45).) \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{6}{|l|}{ Liabilities and stockholders' equity } \\ \hline \multicolumn{6}{|l|}{ Liabilities } \\ \hline \multicolumn{6}{|l|}{ Current liabilities } \\ \hline Notes payable & $ & 15,300 & & 4,900 & \\ \hline Accounts payable & & 113,200 & & 99,4007 & \\ \hline Salaries payable & & 19,100 & & 14,700 & \\ \hline Total current liabilities & & 147,600 & & 119,000 & \\ \hline \multicolumn{6}{|l|}{ Noncurrent liabilities } \\ \hline Bonds payable & & 99,600 & & 99,600} & \\ \hline Other & & 30,800 & & 25,400 & \\ \hline Total noncurrent liabilities & & 130,400 & & 125,000 & \\ \hline Total liabilities & & 278,000 & & 244,000 & \\ \hline \multicolumn{6}{|l|}{ Stockholders' equity } \\ \hline \begin{tabular}{l} Preferred stock (par value $10,4% cumulative, \\ nonparticipating: 7,600 shares authorizod and issued) \end{tabular} & & 76,000 & & 76.000 & \\ \hline \begin{tabular}{l} Common stock (no par; 50,000 shares authorized; \\ 10,000 shares issued) \end{tabular} & & 76,000 & & 76,000 & \\ \hline Retained earnings. & & 149,700 & & 125,000 & \\ \hline Total stockholders' equity & & 301,700 & & 277,000 & \\ \hline Total tiabilities \& stockholders' equity & $ & 579,700 & % & 521,000 & % \\ \hline \end{tabular} Prepare a vertical analysis of the balance sheets for Year 4 and Year 3. (Percentages may not add exactly due to rounding. Round your percentage answers to 2 decimal places. (i.e, 0.2345 should be entered as 23.45 ).) Step by Step Solution
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