Vertical analysis Tri-State Optical Company reported the following amounts on its balance sheet at December 31, 2012 and 2011: 11eb8258_9588_b7ef_bb02_17b71da16f19_SM1625_00 Requirement 1. Prepare a vertical analysis of Tri-State assets for 2012 and 2011.

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

Edition 3ISBN: 978-0132962339

Edition 3ISBN: 978-0132962339

Exercise 13

Vertical analysis
Tri-State Optical Company reported the following amounts on its balance sheet at December 31, 2012 and 2011:

Requirement
1. Prepare a vertical analysis of Tri-State assets for 2012 and 2011.

Explanation

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