Below Is a Partially Completed Vertical Analysis of a Balance

question 18

Short Answer

Below is a partially completed vertical analysis of a balance sheet.
Rachel completes a vertical analysis of her company’s balance sheet. What percent of total assets is cash? Round to the nearest tenth.

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Definitions:

Derived Demand

Demand for a product or service that arises from the demand for another product or service.

Business Product

A good or service sold to organizations for the specific purpose of resale, use in producing other goods, or use in general business operations.

Consumer Product

Goods bought by individuals for personal or household use.

Installations

Fixed assets or equipment necessary for an organization or business to operate, sometimes referring to large machinery or technical setups.