Question: Designs, Inc. has the following data: Perform a vertical analysis of Alpha Designs' balance sheet for each year. Begin by performing a vertical analysis ofAlpha
Designs, Inc. has the following data:
Perform a vertical analysis of Alpha Designs' balance sheet for each year.
Begin by performing a vertical analysis ofAlpha Designs' balance sheet for 2018,
then perform the analysis for 2017. (Round the percent of total amounts to one decimal place, X.X%.)
| Alpha Designs, Inc. |
| Balance Sheet |
| December 31, 2018 and 2017 |
| 2018 | Percent of Total | ||
| Assets | |||
| Total Current Assets | $25,000 | % | |
| Property, Plant, and Equipment, Net | 153,600 | % | |
| Other Assets | 21,400 | % | |
| Total Assets | $200,000 | % | |
| Liabilities | |||
| Total Current Liabilities | $27,600 | % | |
| Long-term Debt | 72,400 | % | |
| Total Liabilities | 100,000 | % | |
| Stockholders' Equity | |||
| Total Stockholders' Equity | 100,000 | % | |
| Total Liabilities and Stockholders' Equity | $200,000 | % |
| 2017 | Percent of Total | |
| $69,300 | % | |
| 184,275 | % | |
| 61,425 | % | |
| $315,000 | % | |
| $53,550 | % | |
| 204,750 | % | |
| 258,300 | % | |
| 56,700 | % | |
| $315,000 | % |
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