In a Comparative Balance Sheet, the Accounts Payable Balance for 2019

question 16

Multiple Choice

In a comparative balance sheet, the Accounts Payable balance for 2019 was $189,330 and total liabilities and equity was $459,265. What is the vertical analysis for Accounts Payable? (Round your answer to two decimal places, X.XX%.)

• A) 41.22%
• B) (41.22%)
• C) 58.78%
• D) (58.78%)

---

Definitions:

Sequential Game

A strategic interaction (game) between two or more parties (players) in which each party moves (makes a decision) in a predetermined order (sequence).

Economic Profits

The profit a company makes after deducting both its explicit and implicit costs.

Nash Equilibrium

A concept in game theory where, in a non-cooperative game, each player's strategy is optimal given the strategies of all other players, leading to no incentive to deviate from their chosen strategy.

Sequential Game

A type of game in game theory where players make decisions or select strategies one after another, with subsequent players potentially being aware of the preceding players' moves.