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Vertical Analysis of Balance Sheets Divide each by total Labines and Stockholluty Knowledge Check 01 Jackson Company reported accounts receivable of $100,000, total current assets

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Vertical Analysis of Balance Sheets Divide each by total Labines and Stockholluty Knowledge Check 01 Jackson Company reported accounts receivable of $100,000, total current assets of $200,000, total assets of $400,000, and total liabilities of $275,000 at the end of Year 1 and net sales revenue of $500,000 for the year. What is the percentage that will be shown for accounts receivable in the vertical (common size) balance sheet? (Round your answer to 1 decimal place.) Percentage

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