Below Is a Partially Completed Vertical Analysis of a Balance

question 20

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 building/land? Round to the nearest tenth.

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Definitions:

Service Industry

A sector of the economy that provides intangible goods or services to consumers, including fields like healthcare, education, finance, and hospitality.

Certified Human Resources Professional (CHRP)

A professional designation indicating that an individual has met certain criteria and standards in the field of human resources.

Provincial HR Association

A regional professional organization dedicated to supporting human resources professionals through resources, training, and networking opportunities.

Credentialing Bodies

Organizations or institutions that grant certification to indicate that an individual has met certain professional standards necessary for practice in a specific field.