Required Prepare a vertical analysis of both the balance sheets and Income statements for Year 4...

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Required Prepare a vertical analysis of both the balance sheets and Income statements for Year 4 and Year 3. Complete this question by entering your answers in the tabs below. Balance Sheet Income Statement Prepare a vertical analysis of the balance sheets for Year 4 and Year 3. Note: Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45). Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land Total long-term assets Total assets Liabilities and stockholders' equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other Total noncurrent liabilities Total abilities Stockholders' equity RUNDLE COMPANY Vertical Analysis of Balance Sheets Year 4 Amount Percentage of Total Amount Year 3 Percentage of Total $ 16,700 1% 21,100 5 13,600 7,600 54,500 47,300 135,900 143,100 28,900 11,900 255,100 223,500 28,300 21,500 271,900 256,700 30,500 24,100 330,700 302,300 $ 585,800 $ 525,800 $ 16.900 4,400 111,800 98,700 19,900 13,600 148.600 116,700 99,500 99,500 30.100 26.400 129,600 125,900 278,200 242,600 Preferred stock (par value $10,4% cumulative. nonparticipating: 7,300 shares authorized and issued) 73.000 73,000 Common stock (no par 50,000 shares authorized 10,000 shares issued) 73,000 73.000 Retained earnings 161,600 137.200 Total stockholders' equity 307.600 283.200 Total liabilities and stockholders' equity $ 585.800 $525,800 Required Prepare a vertical analysis of both the balance sheets and Income statements for Year 4 and Year 3. Complete this question by entering your answers in the tabs below. Balance Sheet Income Statement Prepare a vertical analysis of the balance sheets for Year 4 and Year 3. Note: Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45). Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land Total long-term assets Total assets Liabilities and stockholders' equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other Total noncurrent liabilities Total abilities Stockholders' equity RUNDLE COMPANY Vertical Analysis of Balance Sheets Year 4 Amount Percentage of Total Amount Year 3 Percentage of Total $ 16,700 1% 21,100 5 13,600 7,600 54,500 47,300 135,900 143,100 28,900 11,900 255,100 223,500 28,300 21,500 271,900 256,700 30,500 24,100 330,700 302,300 $ 585,800 $ 525,800 $ 16.900 4,400 111,800 98,700 19,900 13,600 148.600 116,700 99,500 99,500 30.100 26.400 129,600 125,900 278,200 242,600 Preferred stock (par value $10,4% cumulative. nonparticipating: 7,300 shares authorized and issued) 73.000 73,000 Common stock (no par 50,000 shares authorized 10,000 shares issued) 73,000 73.000 Retained earnings 161,600 137.200 Total stockholders' equity 307.600 283.200 Total liabilities and stockholders' equity $ 585.800 $525,800