Reliable Moving Company reported the following amounts on its balance sheet as of December 31, 2019 and December 31, 2018: 2019 2018 Cash and Receivables $95,000 $155,000 Merchandise Inventory 225,000 250,000 Property, Plant and Equipment, net 750,000 770,000 Total Assets $1,070,000 $1,175,000 Total Liabilities $465,000 $395,000 For the vertical analysis, what is the percentage of total liabilities for December 31, 2018?

33.61%

Explanation:

Reliable Moving Company calculation of percentage of total liabilities for December 31, 2018

Using this formula

Vertical analysis % = Specific item / Base amount × 100Vertical analysis %

Where:

Specific item =$395,000

Base amount =$1,175,000

Thus:

= ($395,000 / $1,175,000) × 100Vertical analysis %

=0.33617×100 Vertical analysis %

2018 Percentage of total liabilities= 33.61%

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

answer; by looking at total product,marginal product,and changes in both after changes in inputs