Ruby Designs has requested that you perform a vertical analysis of its balance sheet.
Ruby Designs, Inc.
Balance Sheet
As of December 31
Assets
Total current assets ........................................................................................ $ 51,675
Property, plant, and equipment, net ............................................................... 232,375
Other assets.................................................................................................... 40,950
Total assets..................................................................................................... $325,000
Liabilities
Total current liabilities ................................................................................... $58,500
Long-term debt .............................................................................................. 125,450
Total liabilities ............................................................................................... $183,950
Stockholders' equity
Total stockholders' equity .............................................................................. $141,050
Total liabilities and stockholders' equity ........................................................ $325,000