Perform a Vertical Analysis for the Balance Sheet Entry "Accounts

question 47

Multiple Choice

Perform a vertical analysis for the balance sheet entry "Accounts Receivable" given below. (Round to the nearest tenth) $$\begin{array} { | l l | } \hline \text { Assets } & \\\hline \text { Current Assets } & \$ 23,000 \\\text { Cash } & 16,000 \\\text { Accounts Receivables } & 50,000 \\\text { Merchandise Inventory } & 2,500 \\\text { Supplies } & 91,500 \\\text { Total Current Assets } & \\\text { Property, Plant, and Equipment } & 23,000 \\\text { Machinery and Equipment } & \$ 114,500 \\ \text { Total Assets } &\\\hline\end{array}$$

• A) 14.6%
• B) 13.8%
• C) 17.7%
• D) 14.0%

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Definitions:

Chronotypes

Chronotypes refer to the natural inclination of individuals towards being more active or alert at certain times of the day, affecting their sleep patterns and daily performance.

Zeitgebers

External or environmental cues, such as light and temperature, that help regulate biological rhythms, including the sleep-wake cycle.

Melatonin

A hormone produced by the pineal gland that regulates sleep and wakefulness.

Secreted

Refers to the process by which substances are produced and discharged from cells or glands, often into the bloodstream or external environment.