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Financial information for Blevins Inc. is presented below

Financial information for Blevins Inc. is presented below
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Solution Guide / Answer Key:

E15-1 Financial information for Blevins Inc. is presented below.
December 31, 2009 December 31, 2008
Current assets $125,000 $100,000
Plant assets (net) 396,000 330,000
Current liabilities 91,000 70,000
Long-term liabilities 133,000 95,000
Common stock, $1 par 161,000 115,000
Retained earnings 136,000 150,000

Instructions
Prepare a schedule showing a vertical analysis for 2009 and 2008.

 

FILE: MS WORD

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