Begin by preparing a vertical analysis of Martin's assets for 2024, then prepare a vertical analysis...

Transcribed Image Text:

Begin by preparing a vertical analysis of Martin's assets for 2024, then prepare a vertical analysis f 2023. (Round the percent of total amounts Martin Optical Company Balance Sheet (partial) December 31, 2024 and 2023 2024 Percent of Total 2023 Percent of Total Cash and Receivables 79,750 % S 57,820 Merchandise Inventory 60,030 96 51,205 150,220 Property, Plant and Equipment, Net % 135,975 $ 290,000 245,000 Total Assets % Begin by preparing a vertical analysis of Martin's assets for 2024, then prepare a vertical analysis f 2023. (Round the percent of total amounts Martin Optical Company Balance Sheet (partial) December 31, 2024 and 2023 2024 Percent of Total 2023 Percent of Total Cash and Receivables 79,750 % S 57,820 Merchandise Inventory 60,030 96 51,205 150,220 Property, Plant and Equipment, Net % 135,975 $ 290,000 245,000 Total Assets %