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All rights reserved: Dr. Robert R. McWhorter - Managerial Accounting - Chapter 15 --HOMEWORK ASSIGNMENT- Homework 1 Perform a vertical analysis of the balance sheet
All rights reserved: Dr. Robert R. McWhorter - Managerial Accounting - Chapter 15 --HOMEWORK ASSIGNMENT- Homework 1 Perform a vertical analysis of the balance sheet of Centex Construction for 2018 and 2017.(round the percent of total amounts to one decimal place) Fill in the blanks under Percent of Total. Centex Construction Inc. Comparative Balance Sheet December 31, 2018 and 2017 I Assets 2018 Percent of Total Total Current Assets 49,364 17.2% Property, Plant & Equip. 212,954 Other Assets 24,682 Total Assets 287,000 2017 Percent of Total 69,300 22.0% 187,425 59.5% 58,275 315,000 100% Liabilities Total Current Liabilities 51,086 56,700 Long-term Debt 101,885 35.5% 201,600 64.0% Total Liabilities 152,971 258,300 Stockholders' Equity Total Stockholders' Equity 134,029 Total Liab. and Stockholders' 287,000 56,700 18.0% 100 315.000 R. 11
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