Answer to Question #246854 in Accounting for Another you

Question

A. Perform Vertical SFP Analysis for 2020 Statement of Financial Position.

-Current Assets - 250,000

-Property, Plant and Equipment - 792,000

-Current Liabilities - 182,000

-Long Term Debts - 266,000

-Owner's Capital - 594,000

Answer 1

The company's warehouse assets are located in Property, Plant and Equipment (76.01%), and in the warehouse Liabilities and Owner's Equity - Owner's Capital (57.01%).