Question: Riley Designs has requested that you perform a vertical analysis of its balance sheet. Riley Designs, Inc. 2 Balance Sheet 3 As of December 31
Riley Designs has requested that you perform a vertical analysis of its balance sheet.
| Riley Designs, Inc. | ||
| 2 | Balance Sheet | |
| 3 | As of December 31 | |
| 4 |
| For the year (in thousands) |
|---|---|---|
| 5 | Assets |
|
| 6 | Total current assets | $43,605 |
| 7 | Property, plant and equipment, net | 204,915 |
| 8 | Other noncurrent assets | 36,480 |
| 9 | Total assets | $285,000 |
| 10 | Liabilities |
|
| 11 | Total current liabilities | $52,440 |
| 12 | Long-term liabilities | 108,870 |
| 13 | Total liabilities | $161,310 |
| 14 | Stockholders' equity |
|
| 15 | Total stockholders' equity | 123,690 |
| 16 | Total liabilities and equity | $285,000 |
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