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22SU-ACCT-202-001W - Intro to Managerial Accounting Homework: Chapter 15 - Homework Question 12, EF15-15 (similar to) Part 1 of 2 > Kappa Designs, Inc. has
22SU-ACCT-202-001W - Intro to Managerial Accounting Homework: Chapter 15 - Homework Question 12, EF15-15 (similar to) Part 1 of 2 > Kappa Designs, Inc. has the following data: (Click the icon to view the data.) Perform a vertical analysis of Kappa Designs' balance sheet for each year. Begin by performing a vertical analysis of Kappa Designs' balance sheet for 2024, then perform the analysis for 2023. (Round the percent of total amounts to one decimal place, X.X%.) Kappa Designs, Inc. Balance Sheet December 31, 2024 and 2023 2024 Percent of Total Assets Total Current Assets $ 46,494 % Property, Plant, and Equipment, Net 215,824 % 24,682 Other Assets % $ 287,000 Total Assets % Liabilities Total Current Liabilities $ % 48,216 101,885 Long-term Debt % Total Liabilities 150,101 % Stockholders' Equity 136,899 Total Stockholders' Equity % $ 287,000 Total Liabilities and Stockholders' Equity % Samuel Burbach HW Score: 67.08%, 10.06 of 15 points O Points: 0 of 1
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