Below Is a Partially Completed Vertical Analysis of a Balance

question 12

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 liabilities and owner’s equity is total liabilities? Round to the nearest tenth.

---

Definitions:

Alternative Therapies

Practices used instead of standard medical treatments, including herbal remedies, acupuncture, and yoga, often with an emphasis on holistic well-being.

Herbal Medicine

The practice of using plants and plant extracts for medicinal purposes to treat various health conditions.

Placebo Effect

A beneficial effect produced by a placebo drug or treatment, which cannot be attributed to the properties of the placebo itself, and must therefore be due to the patient's belief in that treatment.

Therapeutic Alliance

The collaborative and trusting relationship between a therapist and a client, which is crucial for effective therapy outcomes.