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Current Year Prior Year Cash $ 7,440 $ 8,000 Accounts receivable 54,000 18,000 Equipment, net 44,000 40,000 Land 91,680 66,000 Total assets $ 197,120 $ 132,000   Express the items in common-size percents. (Round your percentage answers to one decimal place.)       Current Year Prior Year Cash   %   % Accounts receivable   %   % Equipment, net   %   % Land   %   % Total assets 0.0 % 0.0 %

Current Year Prior Year Cash $ 7,440 $ 8,000 Accounts receivable 54,000 18,000 Equipment, net 44,000 40,000 Land 91,680 66,000 Total assets $ 197,120 $ 132,000   Express the items in common-size percents. (Round your percentage answers to one decimal place.)       Current Year Prior Year Cash   %   % Accounts receivable   %   % Equipment, net   %   % Land   %   % Total assets 0.0 % 0.0 %

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter6: Receivables And Inventories
Section: Chapter Questions
Problem 6.7.1MBA
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  Current Year Prior Year
Cash $ 7,440 $ 8,000
Accounts receivable 54,000 18,000
Equipment, net 44,000 40,000
Land 91,680 66,000
Total assets $ 197,120 $ 132,000

 

Express the items in common-size percents. (Round your percentage answers to one decimal place.)

 
 
  Current Year Prior Year
Cash   %   %
Accounts receivable   %   %
Equipment, net   %   %
Land   %   %
Total assets 0.0 % 0.0 %
 
 
 
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