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t K Jackson Company and Baxter Company reported the following amounts on its balance sheet as of December 31, 2025 and December 31, 2024 Cash
t K Jackson Company and Baxter Company reported the following amounts on its balance sheet as of December 31, 2025 and December 31, 2024 Cash and Receivables Jackson Baxter $500,000 $655,000 Merchandise Inventory 235,000 170,000 Property Plant and Equipment, net 790,000 800,000 Total Assets $1,620,000 $1,645,000 Total Liabilities $485,000 $445,000 When preparing a common-size statement, what is the percentage of Property, Plant, and Equipment for Jackson and Baxter, respectively? OA. 30 86% and 39.82% OB. 45.37% and 50.15% OC. 29 94% and 27.05% OD. 48 77% and 48 63%
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