Question
Delta Designs, Inc. has the following data: LOADING... (Click the icon to view the data.)Perform a vertical analysis of Delta Designs's balance sheet for each
Delta Designs, Inc. has the following data:
LOADING...
(Click the icon to view the data.)Perform a vertical analysis of Delta
Designs's balance sheet for each year.Begin by performing a vertical analysis of Delta
Designs's balance sheet for 2016,
then perform the analysis for 2015.
(Round the percent of total amounts to one decimal place, X.X%.)
Save Accounting Table... | + | |||
Copy to Clipboard... | + |
Delta Designs, Inc. |
Balance Sheet |
December 31, 2016 and 2015 |
Save Accounting Table... | + | |||
Copy to Clipboard... | + |
| 2016 | Percent of Total | |
Assets |
|
|
|
Total Current Assets | $48,600 |
| % |
Property, Plant, and Equipment, Net | 219,600 |
| % |
Other Assets | 31,800 |
| % |
Total Assets | $300,000 |
| % |
Liabilities |
|
|
|
Total Current Liabilities | $38,400 |
| % |
Long-term Debt | 98,400 |
| % |
Total Liabilities | 136,800 |
| % |
Stockholders' Equity |
|
|
|
Total Stockholders' Equity | 163,200 |
| % |
Total Liabilities and Stockholders' Equity | $300,000 |
| % |
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