Brink Moving Company reported the following amounts on its balance sheet as of December 31, 2016 and December 31, 2017: For the vertical analysis, what is the percentage of current assets as of December 31, 2017? (Round your answer to two decimal places.)
A) 30.77%
B) 22.84%
C) 29.61%
D) 44.44%

Question

Brink Moving Company reported the following amounts on its balance sheet as of December 31, 2016 and December 31, 2017:  For the vertical analysis, what is the percentage of current assets as of December 31, 2017? (Round your answer to two decimal places.)
A) 30.77% 
B) 22.84% 
C) 29.61% 
D) 44.44%

Quizplus · Accepted Answer

The Answer of Brink Moving Company reported the following amounts on its balance sheet as of December 31, 2016 and December 31, 2017:  For the vertical analysis, what is the percentage of current assets as of December 31, 2017? (Round your answer to two decimal places.)
A) 30.77% 
B) 22.84% 
C) 29.61% 
D) 44.44%

Brink Moving Company Reported the Following Amounts on Its Balance