E13-18A (similar to) HW Score: 0%, 001 1 Fairway Golf Company\'s balance sheet a
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E13-18A (similar to) HW Score: 0%, 001 1 Fairway Golf Company's balance sheet at December 31, 2016 is as follows Question Help (Click the icon to view the balance sheet ) Requirement has requested that you perform a vertical analysis of its balance sheet to determine the component percentages of and stockholders' equity. (Round the percentages to the nea est hundredth percent, XXX%) Fairway Golf Company Vertical Analysis of Balance Sheet December 31, 2016 Percentage of Amount total assets Assets s 42.920| |% Total current assets Property. plant, and equipment, net Other assets 207,350 39730 Enter any number in the edit fields and then click Check Answer Check Answer Clear Al All parts showingExplanation / Answer
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Fairway Golf Company Vertical Analysis of balance Sheet December 31,2016 Amount Percentage of total assets Assets Total current assets 42,920 14.80 % Property, plant and equipment, net 207,350 71.50 % Other assets 39,730 13.70 % Total assets 290,000 100 $ Liabilities Total current liabilities 48,720 16.80 % Long-term debt 110,490 38.10 % Total liabilities 159,210 54.90 % Shareholder's equity Total shareholder's equity 130,790 45.10 % Total liabilities and shareholder's equity 290,000 100 %Related Questions
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