Question: Prepare a vertical analysis for the balance sheet data given below. (Round to two decimal places.) Flowers, Inc. Balance Sheet December 31, 2017 Assets Current

 Prepare a vertical analysis for the balance sheet data given below.

Prepare a vertical analysis for the balance sheet data given below. (Round to two decimal places.) Flowers, Inc. Balance Sheet December 31, 2017 Assets Current Assets Cash and Cash Equivalents Accounts Receivable, Net Merthandise Inventory Total Current Assets Long-term Inve stments Property, Plant, and Equipment, Net Total Assets Liabilitiee Current Liabilittes Accounts Payable Notes Payable Total Current Liabilities Long-term Liabilities Total Liabilities Stockholders' Equity Common Stock Retained Earnings $10,000 15,600 38,000 63,600 15,000 195,000 $8,500 1400 9,900 54000 63,900 161,000 48700 Total Stockholders' Equity Total Liabilities and Stockholders' Equity 273600

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