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Using these data from the comparative balance sheets of Ivanhoe Company, perform a vertical analysis. (Round percentages to 1 decimal place, eg. 12.5%) December
Using these data from the comparative balance sheets of Ivanhoe Company, perform a vertical analysis. (Round percentages to 1 decimal place, eg. 12.5%) December 31, 2025 December 31, 2024 Amount Percent Amount Percent Accounts receivable (net) $364,240 % $311,220 % Inventory $678,240 % $559,650 % Total assets $3,140,000 % $2,730,000 %
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College Accounting Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
22nd Edition
130566616X, 978-1305666160
