Allstate Moving Company reported the following amounts on its balance sheet as of December 31,2019 and December 31,2018:
For the vertical analysis,what is the percentage of current assets as of December 31,2019? (Round your answer to two decimal places. )
Definitions:
Crop
A plant or plant product that is grown and harvested extensively for profit or subsistence.
Cross Elasticity
A measure of how the quantity demanded of one good responds to a price change of another good.
Complementary Goods
Products and services that are used together. When the price of one falls, the demand for the other increases (and conversely).
Positive
Pertaining to statements or analyses that are based on facts and devoid of any value judgments or recommendations.
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