Hoosier Optical Company reported the following amounts on its balance sheet at December 31, 2016 and 2015 Prepare a vertical analysis of Hoosier assets for 2016 and 2015 Cash and Receivables Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 2016 77,825 55,825 41,350 2015 70,200...

2016 2015 Amount Percent Amount Percent Cas ...

Hoosier Optical Company reported the following amounts on its balance sheet at December 31, 2016 and 2015:

Question:

Hoosier Optical Company reported the following amounts on its at December 31, 2016 and 2015:

Hoosier Optical Company reported the following amounts on its balance

Prepare a vertical analysis of Hoosier assets for 2016 and 2015.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...