Using the following information from an annual report, prepare a vertical analysis of the consolidated balance sheet at June 30, 2009. (Round percentage answers to one decimal place.)
Definitions:
Controlling Interest
Controlling interest is an ownership interest in a corporation that gives the shareholder sufficient voting power to influence or direct the company's management and policies.
Common Stock
Equity ownership in a corporation, representing a claim on its earnings and assets, and conferring voting rights in certain corporate decisions.
Cost Method
This accounting approach involves recording an investment at its original cost without adjusting for changes in market value.
Equity Method
An accounting technique used to record investments in other companies where the investor has significant influence but does not have full control.
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