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6. Monroe Corp. reported the following amounts on its balance sheet at December 31, 2024 and 2023: (Click the icon to view the amounts.)
6. Monroe 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 Monroe Corp. for 2024 and 2023, Begin by preparing a vertical analysis of Monroe assets for 2024, then prepare a vertical analysis for 2023. (Round the percent of total amounts to one decimal place, XX%) Monroe Optical Company Balance Sheet (partial) December 31, 2024 and 2023 2024 Percent of Total 2023 Percent of Total Cash and Receivables 35,000 % $ 40,000 Merchandise Inventory 20,000 15,000 80,000 Property Plant and Equipment, Net 135,000 60,000 115,000 Total Assets
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