Question: Using vertical analysis, prepare a common size comparative balance sheet. (Round percentages to 0 decimal places, eg, 12%.) Delta COMPANY Comparative Balance Sheet December 31,

Using vertical analysis, prepare a common size comparative balance sheet. (Round

Using vertical analysis, prepare a common size comparative balance sheet. (Round percentages to 0 decimal places, eg, 12%.) Delta COMPANY Comparative Balance Sheet December 31, 2017 2016 Amount Percentage Amounft $280 520 ssets Percentage Current assets $450 Plant assets 550 Total assets Liabilities and stockholders' equity Current liabilities Long-term debt Common stock $1,000 $800 $120 160 320 200 $180 250 310 Retained earnings 260 Total liabilities and stockholders' equity $1,000 $800

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