Perform a Vertical Analysis for the Balance Sheet Entry "Accounts

Perform a vertical analysis for the balance sheet entry "Accounts Receivable" given below. (Round to the nearest tenth) $$\begin{array} { | l l | } \hline \text { Assets } & \\\hline \text { Current Assets } & \$ 23,000 \\\text { Cash } & 16,000 \\\text { Accounts Receivables } & 50,000 \\\text { Merchandise Inventory } & 2,500 \\\text { Supplies } & 91,500 \\\text { Total Current Assets } & \\\text { Property, Plant, and Equipment } & 23,000 \\\text { Machinery and Equipment } & \$ 114,500 \\ \text { Total Assets } &\\\hline\end{array}$$

A) 14.6%
B) 13.8%
C) 17.7%
D) 14.0%