>Complete a vertical analysis on the balance sheet for Jake's ...

[SGallaher96]

>Complete a vertical analysis  on the balance sheet for Jake's Janitorial Service for December 31 of last year. The company assets are cash accounts receivable merchandise inventory and equipment The liabilities are accounts payable wages payable and mortgage note payable The owner's capital is
◦ Jake's Janitorial Service Balance Sheet
Cash: 13.6%
Accounts receivable: 23.5%
Merchandise inventory: 37.6%
Equipment: 25.3%
Total assets: 100%
Accounts payable: 14.4%
Wages payable: 24.7%
Mortgage note payable: 26.7%
Total liabilities: 43.9%
Jake's capital: 56.1%
Total liabilities and owner's equity: 100%

◦ Jake's Janitorial Service Balance Sheet
Cash: 13.6%
Accounts receivable: 23.5%
Merchandise inventory: 37.6%
Equipment: 25.3%
Total assets: 100%
Accounts payable: 6.3%
Wages payable: 10.9%
Mortgage note payable: 60.8%
Total liabilities: 43.9%
Jake's capital: 56.1%
Total liabilities and owner's equity: 100%

◦ Jake's Janitorial Service Balance Sheet
Cash: 13.6%
Accounts receivable: 23.5%
Merchandise inventory: 37.6%
Equipment: 25.3%
Total assets: 100%
Accounts payable: 6.3%
Wages payable: 10.9%
Mortgage note payable: 26.7%
Total liabilities: 43.9%
Jake's capital: 56.1%
Total liabilities and owner's equity: 100%

◦ Jake's Janitorial Service Balance Sheet
Cash: 13.6%
Accounts receivable: 23.5%
Merchandise inventory: 37.6%
Equipment: 25.3%
Total assets: 100%
Accounts payable: 14.4%
Wages payable: 24.7%
Mortgage note payable: 60.8%
Total liabilities: 100%
Jake's capital: 56.1%
Total liabilities and owner's equity: 100%

[jgranad15]

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[SGallaher96]

Thanks for the timely response, appreciate it

[Kedrick2014]

YES! Correct, THANKS for helping me on my review