Perform vertical analysis (Learning Objective 2)

Alpha Graphics has requested that you perform a vertical analysis of its balance sheet.

ALPHA GRAPHICS, INC. Total current assets Balance Sheet December 31, 2006 Assets Property, plant, and equipment, net Other assets Total assets Total current liabilities Liabilities Long-term debt Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity $ 42,000 207,000 35,000 $284,000 $ 48,000 108,000 156,000 128,000 $284,000