Question: Current Analysis of Position-Vertical Analysis- Prepare common- size comparative balance sheet for years 2017 and 2018 Round the percentages to the nearest one-tenth of a

Current Analysis of Position-Vertical Analysis- Prepare common- size comparative balance sheet for years 2017 and 2018 Round the percentages to the nearest one-tenth of a percent. . What changes do you detect in balance sheet between two years? Does notes to financial statements explain the changes that you are observing in the company?

Current Analysis of Position-Vertical Analysis- Prepare common- size comparative balance sheet for

September 29, 2018 September 30, 2017 ASSETS: $ Current assets: Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Vendor non-trade receivables Other current assets Total current assets 25,913 40,388 23,186 3,956 25,809 12,087 131,339 20,289 53,892 17,874 4,855 17,799 13,936 128,645 Non-current assets: Marketable securities Property, plant and equipment, net Other non-current assets Total non-current assets Total assets 170,799 41,304 22,283 234,386 365,725 194,714 33,783 18.177 246,674 375,319 $ $ LIABILITIES AND SHAREHOLDERS' EQUITY: $ Current liabilities: Accounts payable Other current liabilities Deferred revenue Commercial paper Term debt Total current liabilities 55,888 32,687 7,543 11,964 8,784 116,866 44,242 30,551 7,548 11,977 6,496 100,814 Non-current liabilities: Deferred revenue Term debt Other non-current liabilities Total non-current liabilities Total liabilities 2,797 93,735 45,180 141,712 258,578 2,836 97,207 40,415 140,458 241,272 Commitments and contingencies Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized; 4,754,986 and 5,126,201 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive income/(loss) Total shareholders' equity Total liabilities and shareholders' equity 40,201 70,400 (3.454) 107,147 365,725 35,867 98,330 (150) 134,047 375,319 $ $

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