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Delta Designs, Inc. has the following data: (Click the icon to view the data.) Perform a vertical analysis of Delta Designs' balance sheet for each
Delta Designs, Inc. has the following data: (Click the icon to view the data.) Perform a vertical analysis of Delta Designs' balance sheet for each year. Begin by performing a vertical analysis of Delta Designs' balance sheet for 2018, then perform the analysis for 2017. Delta Designs, Inc. Balance Sheet December 31, 2018 and 2017 2018 Percent of Total Assets Total Current Assets Property, Plant, and Equipment, Net $ 43,452 | 210,444 30,104 284,000 Other Assets Total Assets Liabilities Total Current Liabilities 46,860 108,204 Long-term Debt Total Liabilities Stockholders' Equity 155,064 Total Stockholders' Equity 128,936 Total Liabilities and Stockholders' Equity $ 284,000 Delta Designs, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Total Current Assets $ Property, Plant, and Equipment, Net 43,452 $ 210,444 30,104 284,000 $ 73,440 168,300 64,260 306,000 Other Assets $ Total Assets Liabilities $ 46,860 $ 108,204 49,266 208,998 Total Current Liabilities Long-term Debt Total Liabilities Stockholders' Equity Total Stockholders' Equity 155,064 258,264 128,936 284,000 $ 47,736 306,000 Total Liabilities and Stockholders' Equity $
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