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  3. 10 pt avocado company reported the following amoun

10 pt Avocado Company reported the following amounts on its balance sheet as of December...

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Accounting

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10 pt Avocado Company reported the following amounts on its balance sheet as of December 31, 20X9 and December 31, 20X8. 20x9 20x8 Cash and Receivables $85,000 $125,000 Merchandise Inventory 205,000 240,000 Property. Plant and Equipment, net 850,000 710,000 Total Assets $1,140.000 51.075.000 Total Liabilities $515.000 $395.000 For the vertical analysis, what is the percentage of current sets as of December 31, 20X97 25.4 33.99% 117 5141

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