A condensed balance sheet for Northeast Airlines and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of total assets. 2-a. What percentages of Northeast's assets relate to inventory of parts and supplies? 2-b. What percentage Northeast's assets relate to property and equipment? 2.c. Which of these two asset groups is more significant to Northeast's business? 3. What percentage of Northeast's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. Reg 1 Red 2A Red 2B Reg 2C Reg 3 Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest whole percent.) NORTHEAST AIRLINES Balance Sheet (summarized) December 31, 2016 (in millions of U.S. dollars) Cash $ 10,886 % Current Liabilities $ 7,189 24 % Accounts Receivable 394 1 Long-Term Liabilities 11.526 38 Inventory of Parts and Supplies 755 2 Total Liabilities 18.715 61 Other Current Assets 3,406 Common Stock 2213 7 Property and Equipment, Net 13,455 Retained Earnings 9,598 31 Other Assets 1,630 5 Total Stockholders' Equity 11,811 39 Total Assets $ 30,526 99 % Total Liabilities & Stockholders' Equity $ 30,526 100% Req 2A > A condensed balance sheet for Northeast Airlines and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of total assets. 2-a. What percentages of Northeast's assets relate to inventory of parts and supplies? 2-b. What percentage Northeast's assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Northeast's business? 3. What percentage of Northeast's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Red 2B Reg 2c Reg 3 What percentages of Northeast's assets relate to inventory of parts and supplies? (Round your answer to the nearest whole percent.) Inventory of Parts and Supplies % A condensed balance sheet for Northeast Airlines and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of total assets. 2-a. What percentages of Northeast's assets relate to inventory of parts and supplies? 2-b. What percentage Northeast's assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Northeast's business? 3. What percentage of Northeast's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. Reg 1 Req ZA Red 2B Reg 2C Req3 What percentage Northeast's assets relate to property and equipment? (Round your answer to the nearest whole percent.) Property and Equipment % UI Saved Hele A condensed balance sheet for Northeast Airlines and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of total assets. 2-a. What percentages of Northeast's assets relate to inventory of parts and supplies? 2-b. What percentage Northeast's assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Northeast's business? 3. What percentage of Northeast's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Red 28 Reg 20 Reg 3 Which of these two asset groups is more significant to Northeast's business? Inventory of Parts and Supplies Property and Equipment A condensed balance sheet for Northeast Airlines and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of total assets. 2-a. What percentages of Northeast's assets relate to inventory of parts and supplies? 2-b. What percentage Northeast's assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Northeast's business? 3. What percentage of Northeast's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. Reg 1 Req ZA Red 2B Reg 2C Reg 3 What percentage of Northeast's assets is financed by total stockholders' equity? By total liabilities? (Round your answers to the nearest whole percent.) Percentage Total Stockholder's Equity Total Liabilities %
