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A condensed balance sheet for Morningstar, Inc. is presented below Required: Prepare a vertical analysis of the balance sheet for Morningstar, Inc. (Round your answers
A condensed balance sheet for Morningstar, Inc. is presented below Required: Prepare a vertical analysis of the balance sheet for Morningstar, Inc. (Round your answers to the nearest whole percent Momingstar, Inc. Balance Sheet December 31 (amounts in millions) 9 Current Liabilities Accounts Payable Accrued Liabilities Amount Amount $ 866 5,304 Current Assets Cash & Cash Equivalents Accounts Receivable Inventories Total Current Assets Property & Equipment, Net Long-Term Investments 0 $ 14,968 450 1,836 17.254 6,060 5,186 0 Total Current Liabilities Long-Term Liabilities Total Liabilities Total Stockholder's Equity 0 Total Liabilities & Stockholder's Equity 6,170 2.430 8.600 19,900 $ 28,500 0 $ 28,500 Total Assets
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