Performing vertical analysis Hoosier Optical Company reported the following amounts on its balance sheet at December 31,

Question:

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

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...