Using These Data from the Comparative Balance Sheet of Banner

question 38

Essay

Using these data from the comparative balance sheet of Banner Company perform vertical analysis. $\begin{array}{lcc}&\text { December 31, } 2017 &\text { December 31, } 2016\\\text { Accounts receivable } & \$ 480,000 & \$ 336,000 \\\text { Inventory } & 720,000 & 504,000 \\\text { Total assets } & 4,000,000 & 3,000,000\end{array}$

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Definitions:

Theories

Coherent groups of propositions formulated to explain a group of facts or phenomena in the natural or social world, often serving as the basis for further experimentation or analysis.

Pavlov

Refers to Ivan Pavlov, a Russian physiologist known for his work in classical conditioning, particularly the Pavlov's dog experiment which demonstrated the learning process of association.

Bandura

A psychologist known for his work on social learning theory, which emphasizes the importance of observing, modeling, and imitating the behaviors, attitudes, and emotional reactions of others.

Watson

John B. Watson, an American psychologist who established the psychological school of behaviorism.