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Capitol Optical Company reported the following amounts on its balance sheet at December 31, 2018 and 2017: (Click the icon to view the amounts.) Prepare
Capitol Optical Company reported the following amounts on its balance sheet at December 31, 2018 and 2017: (Click the icon to view the amounts.) Prepare a vertical analysis of Capitol's assets for 2018 and 2017. Begin by preparing a vertical analysis of Capitol's assets for 2018, then prepare a vertical analysis for 2017. (Round the percent of total amounts to one decimal place, X.X%.) Capitol Optical Company Balance Sheet (partial) December 31, 2018 and 2017 2018 Percent of Total 2017 Percent of Total Cash and Receivables $ 75,330 % $ 72,345 % Merchandise Inventory 55,890 % 55,385 % 138,780 137,270 Property, Plant and Equipment, Net % $ 270,000 $ 265,000 Total Assets % % Data Table - 2018 2017 Cash and Receivables $ 75,330 $ 72,345 Merchandise Inventory 55,890 55,385 138,780 137,270 Property, Plant, and Equipment, Net $ 270,000 $ 265,000 Total Assets Done Print Done Enter any number in the edit fields and then continue to the next
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