Question: ac 250 Chapter 15 PROBLEM 15-2 Insfructions: Using the information below and on the following page, perform a vertical analysis for Voyageur Inc. by filling
ac 250 Chapter 15 PROBLEM 15-2 Insfructions: Using the information below and on the following page, perform a vertical analysis for Voyageur Inc. by filling in the Percent columns on the statements provided. (Round all percents to one decimal place.) Voyageur Inc. Comparative Balance Sheet December 31, 2015 and 2014 2015 2014 Assets Amount Percent Amount Percent Cash Marketable securities Accounts receivable (net) Inventory S 500,000 200,000 680,000 860,000 104,000 450,000 S 425,000 185,000 575,000 740,000 95,000 410,000 Long-term investments Fixed assets (net) Total assets Liabilities Current liabilities Long-term liabilities Total liabilities $1,090,000 $1,050,000 $3,240,000 $3,100,000 Stockholders' Equity Preferred 596 stock, $100 par Common stock, $10 par Retained eanings Total stockholders' equity Total liabilities and stockholders' equity 350,000 2,550,000 3,210,000 $6,110,000 L 9 350 000 350,000 2,550,000 100% 7 850 000 100%
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