Question: E14-15A Perform vertical analysis (Learning Objective 2) Riley Designs has requested that you perform a vertical analysis of its balance sheet. Riley Designs, Inc. Balance

E14-15A Perform vertical analysis (Learning Objective 2) Riley Designs has requested that you perform a vertical analysis of its balance sheet. Riley Designs, Inc. Balance Sheet As of December 31 2 For the year (in thousands) Assets 7 Total current assets 8 Property,plant, and equipment, net 9 Other noncurrent assets 101 Total assets S43,605 204,915 36,480 285,000 12 13 Total current liabilities 14 Long-term liabilities 15 Total liabilities 16 17 Liabilities 52,440 108,870 161,310 Stockholders' equity 18 Total stockholders equity 19 123,690 201 Total liabilities and equity. 21 285,000
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