A vertical analysis for the balance sheet for O’Dell’s Nursery to December 31, 2017 where the assets are $8917 in cash, $7521 in accounts receivable, $17826 in merchandise inventory; the liabilities are $10215 in accounts payable, $3716 in wages payable and the owner’s capital is $20333.

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Answer 1

Question

Chapter 21.1, Problem 7SE

To determine

To calculate: A vertical analysis for the balance sheet for O’Dell’s Nursery to December 31, 2017 where the assets are $8917 in cash, $7521 in accounts receivable, $17826 in merchandise inventory; the liabilities are $10215 in accounts payable, $3716 in wages payable and the owner’s capital is $20333.

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Answer 2

Question

Chapter 21.1, Problem 7SE

To determine

To calculate: A vertical analysis for the balance sheet for O’Dell’s Nursery to December 31, 2017 where the assets are $8917 in cash, $7521 in accounts receivable, $17826 in merchandise inventory; the liabilities are $10215 in accounts payable, $3716 in wages payable and the owner’s capital is $20333.

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Answer 3

Question

Chapter 21.1, Problem 7SE

To determine

To calculate: A vertical analysis for the balance sheet for O’Dell’s Nursery to December 31, 2017 where the assets are $8917 in cash, $7521 in accounts receivable, $17826 in merchandise inventory; the liabilities are $10215 in accounts payable, $3716 in wages payable and the owner’s capital is $20333.

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Answer 4

Question

Chapter 21.1, Problem 7SE

To determine

To calculate: A vertical analysis for the balance sheet for O’Dell’s Nursery to December 31, 2017 where the assets are $8917 in cash, $7521 in accounts receivable, $17826 in merchandise inventory; the liabilities are $10215 in accounts payable, $3716 in wages payable and the owner’s capital is $20333.

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Answer 5

Chapter 21.1, Problem 7SE

To determine

To calculate: A vertical analysis for the balance sheet for O’Dell’s Nursery to December 31, 2017 where the assets are $8917 in cash, $7521 in accounts receivable, $17826 in merchandise inventory; the liabilities are $10215 in accounts payable, $3716 in wages payable and the owner’s capital is $20333.

Answer 6

Chapter 21.1, Problem 7SE

To determine

To calculate: A vertical analysis for the balance sheet for O’Dell’s Nursery to December 31, 2017 where the assets are $8917 in cash, $7521 in accounts receivable, $17826 in merchandise inventory; the liabilities are $10215 in accounts payable, $3716 in wages payable and the owner’s capital is $20333.

Answer 7

Chapter 21.1, Problem 7SE

To determine

To calculate: A vertical analysis for the balance sheet for O’Dell’s Nursery to December 31, 2017 where the assets are $8917 in cash, $7521 in accounts receivable, $17826 in merchandise inventory; the liabilities are $10215 in accounts payable, $3716 in wages payable and the owner’s capital is $20333.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 21.1 - Prob. 1-1SC Ch. 21.1 - Prob. 1-2SC Ch. 21.1 - Prob. 1-3SC Ch. 21.1 - Prob. 1-4SC Ch. 21.1 - Prob. 2-1SC Ch. 21.1 - Prob. 2-2SC Ch. 21.1 - Prob. 2-3SC Ch. 21.1 - Prob. 2-4SC Ch. 21.1 - Prob. 3-1SC Ch. 21.1 - Prob. 3-2SC

A vertical analysis for the balance sheet for O’Dell’s Nursery to December 31, 2017 where the assets are $8917 in cash, $7521 in accounts receivable, $17826 in merchandise inventory; the liabilities are $10215 in accounts payable, $3716 in wages payable and the owner’s capital is $20333.

Solution Summary: The author explains the vertical analysis for O'Dell's Nursery for December 31, 2017. The assets are 8917 in cash, 7521 in accounts receivable, 17826 in merchandise inventory, and the liabilities are 10

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