National Graphics has requested that you perform a vertical analysis of its balance sheet.
National Graphics, Inc.
Balance Sheet
As of December 31
Assets
Total current assets .......................................................................................... $42,050
Property, plant, and equipment, net ................................................................. 209,380
Other assets......................................................................................................... 38,570
Total assets.......................................................................................................$290,000
Liabilities
Total current liabilities ................................................................................... .$53,940
Long-term debt .............................................................................................. 110,490
Total liabilities ...............................................................................................$164,430
Stockholders' equity
Total stockholders' equity .............................................................................. $125,570
Total liabilities and stockholders' equity ........................................................ $290,000