Question
A condensed balance sheet for Liu Company is presented below: LIU COMPANY Balance Sheet December 31 (amounts in millions) Amount % Amount % Current Assets
A condensed balance sheet for Liu Company is presented below: |
LIU COMPANY Balance Sheet December 31 (amounts in millions) Amount % Amount % Current Assets Current Liabilities Cash & Cash Equivalents $10,147 Accounts Payable $629 Accounts Receivable 990 Accrued Liabilities 3,861 Inventories 1,299 Total Current Assets 12,436 0 Total Current Liabilities 4,490 0 Property & Equipment, Net 4,500 Long-Term Liabilities 1,770 Long-Term Investments 3,824 Total Liabilities 6,260 Total Stockholder's Equity 14,500 Total Assets $20,760 0 Total Liabilities & Stockholder's Equity $20,760 0 |
Required: |
Prepare a vertical analysis of the balance sheet for Liu Company. (Round to the nearest whole percent.) |
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