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What is the percentage of current assets as of december

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Question - Allstate Moving Company reported the following amounts on its balance sheet as of December 31, 2019 and December 31, 2018:

?

2019

2018

Cash and Receivables

$165,000

$75,000

Merchandise Inventory

175,000

250,000

Property, Plant and Equipment, net

820,000

780,000

Total Assets

$1,160,000

$1,105,000

Total Liabilities

$475,000

$385,000

Required - For the vertical analysis, what is the percentage of current assets as of December 31, 2019?

Reference no: EM133130608

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