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4. Green Acres Golf Company's balance sheet at December 31, 2018 is as follows: (Click the icon to view the balance sheet.) Requirement 1. Perform
4. Green Acres Golf Company's balance sheet at December 31, 2018 is as follows: (Click the icon to view the balance sheet.) Requirement 1. Perform a vertical analysis of Green Acres Golf Company's balance sheet to determine the component percentages of its assets, liabilities, and stockholders' equity. (Round the percentages to the nearest hundredth percent, X.XX%.) Green Acres Golf Company Vertical Analysis of Balance Sheet December 31, 2018 Amount % of total Assets $ Total current assets Property, plant, and equipment, net 38,690 190,270 36,040 Other assets Total assets $ 265,000 Liabilities Total current liabilities 44,785 99,110 Long-term debt Total liabilities 143,895 Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity 121,105 $ 265,000 1: Data Table Green Acres Golf Company Balance Sheet December 31, 2018 Assets Total current assets 38,690 Property, plant, and equipment, net 190,270 36,040 Other assets $ 265,000 Total assets Liabilities Total current liabilities 44,785 99,110 Long-term debt 143,895 Total liabilities Stockholders' Equity Total stockholders' equity 121,105 $ 265,000 Total liabilities and stockholders' equity
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