Perform a vertical analysis of Chapel Hill Golf Company’s balance sheet to determine the component percentages of its assets, liabilities, and stockholders’ equity.

Transcribed Image Text:

A1 Chapel Hill Golf Company Balance Sheet December 31, 2018 2 Assets $ 45,440 229,760 44,800 $ 320,000 Total current assets 3 Property, plant, and equipment, net 4 Other assets Total assets 6. 8 Liabilities $ 53,440 119,360 172,800 Total current liabilities 9. 10 Long-term debt Total liabilities 11 12 13 Stockholders' Equity Total stockholders' equity 15 14 147,200 $ 320,000 Total liabilities and stockholders' equity 16