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Question 11 5 pts You are a junior credit analyst for Rich Private State Bank, y

ID: 2815525 • Letter: Q

Question

Question 11 5 pts You are a junior credit analyst for Rich Private State Bank, you are preparing a report on Sonoco Nat enquire about the common size financial statements and the common base year analysis. You are given for fiscal year 2011 current assets of $468.649.23, fixed assets of $14,799,743.49. accounts payable of $186991.04, accounts receivable of $370.391.63, total assets of $15.268,392.72, revenue of $3,053,678.54, total liabilities of $8,526,121.61, total equity of $6.742.271.11, and revenue of $3.053.678.54. What is the common size percentage for fixed assets? ural Gas Pipelines. You 166.93% 96.93% O 484.65% 92.90% 363.44% Question 12 5 pts You are the lead analyst for Arm and a Leg State Bank, you are preparing a report on Leggett Platt Clothing Manufacturing. To complete the analysis of the company you look at the common size financial statemont

Explanation / Answer

Common Size Percentage of Fixed Assets = Fixed Assets / Total Assets *100

= $ 14,799,743.49 / $ 15,268,392.72 *100

= 96.93%

Hence the correct answer is 96.93%

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