Question: i Data Table Tri Designs, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Total Current Assets Property, Plant, and Equipment, Net

i Data Table Tri Designs, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Total Current Assets Property, Plant, and Equipment, Net $ 25,000 $ 153,600 21,400 44,400 109,150 31,450 Other Assets $ 200,000 $ 185,000 Total Assets Liabilities Total Current Liabilities $ 27,600 $ 72.400 30,155 127,650 Long-term Debt Total Liabilities Stockholders' Equity 100,000 157,805 Total Stockholders' Equity 27,195 100,000 200,000 $ $ 185,000 Total Liabilities and Stockholders' Equity Tri Designs, Inc. has the following data: Click the icon to view the data.) Perform a vertical analysis of Tri Designs' balance sheet for each year, Begin by performing a vertical analysis of Tri Designs' balance sheet for 2018, then perform the analysis for 2017. (Round the percent of total amounts to one decimal place, XX%) Tri Designs, Inc. Balance Sheet December 31, 2018 and 2017 2018 Percent of Total $ Assets Total Current Assets Property. Plant, and Equipment, Net Other Assets 25,000 153,600 21.400 200,000 $ 27.600 Total Assets Liabilities Total Current Liabilities Long term Debt Total Liabilities Stockholders' Equity Total Stockholders' Equity 72.400 100,000 100,000 200,000 Total Liabilities and Stockholders' Equity $ Enter any number in the edit fields and then click Check
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
