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6. Hooser Corp. reported the following amounts on its balance sheet at December 31, 2024 and 2023: | (Click the icon to view the amounts.)
6. Hooser Corp. reported the following amounts on its balance sheet at December 31, 2024 and 2023: | (Click the icon to view the amounts.) Prepare a vertical analysis of Hooser Corp. for 2024 and 2023. Begin by preparing a vertical analysis of Hooser assets for 2024, then prepare a vertical analysis for 2023. (Round the percent of total amounts to one decimal place, X.X%.) Hooser Optical Company Balance Sheet (partial) December 31, 2024 and 2023 Balance Sheet Data 2024 Percent of Total 2023 Percent of Total 2024 2023 Cash and Receivables $ 54,400 % $ 30,960 % Cash and Receivables $ 54,400 $ 30,960 Merchandise Inventory 28,400 117,200 Property, Plant and Equipment, Net 11,520 47,520 Merchandise Inventory 28,400 11,520 Property, Plant, and Equipment, Net 117,200 47,520 $ 200,000 $ 90,000 Total Assets % % $ 200,000 $ 90,000 Total Assets Print Done
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