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What is Vertical Balance Sheet Example 2011 about?

As of December 31, 2011, the company had total assets of $3,030,000 consisting mostly of accounts receivable at 55.18% of total assets and property, plant and equipment at 25.74% of total assets. Total current liabilities were $1,160,000 with accounts payable making up 32.34% and notes payable, current portion at 5.94%. Total equity was $1,690,000.

Author

Annalyn Samaniego

Language

EN