Prepare a horizontal analysis of virtual gaming systems

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Question: The balance sheet for Virtual Gaming Systems for 2012 and 2011 is provided below.

Required: 1. Prepare a vertical analysis of Virtual Gaming Systems' 2012 and 2011 balance sheets. Express each amount as a percentage of total assets for that year.

2. Prepare a horizontal analysis of Virtual Gaming Systems' 2012 balance sheet using 2011 as the base year.

Reference no: EM131522588

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