S18-3 Vertical analysis Tri-State Optical Company Ltd reported the following amounts on its balance sheet at 31 December 2016 and 2015: 2016 2015 Cash and receivables $ 54 530 $ 46 860 32 670...

S18-3 Vertical analysis<br>Tri-State Optical Company Ltd reported the following amounts on its balance sheet at 31<br>December 2016 and 2015:<br>2016<br>2015<br>Cash and receivables<br>$ 54 530<br>$ 46 860<br>32 670<br>Inventory<br>Property, plant and equipment, net<br>42 435<br>108 035<br>85 470<br>Total assets<br>$205 000<br>$165 000<br>Requirement<br>Prepare a vertical analysis of Tri-State's assets for 2016 and 2015.<br>

Extracted text: S18-3 Vertical analysis Tri-State Optical Company Ltd reported the following amounts on its balance sheet at 31 December 2016 and 2015: 2016 2015 Cash and receivables $ 54 530 $ 46 860 32 670 Inventory Property, plant and equipment, net 42 435 108 035 85 470 Total assets $205 000 $165 000 Requirement Prepare a vertical analysis of Tri-State's assets for 2016 and 2015.

Jun 11, 2022

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S18-3 Vertical analysis Tri-State Optical Company Ltd reported the following amounts on its balance sheet at 31 December 2016 and 2015: 2016 2015 Cash and receivables $ 54 530 $ 46 860 32 670...

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