Empire 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 total liabilities for December 31, 2016? (Round your answer to two decimal places.)
A) 100.00%
B) 41.52%
C) 36.26%
D) 41.18%
Correct Answer:
Verified
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