Question
Eta Designs, Inc. has the following data: (Click the icon to view the data.) Perform a vertical analysis of Eta Designs's balance sheet for each
Eta Designs, Inc. has the following data: (Click the icon to view the data.) Perform a vertical analysis of Eta Designs's balance sheet for each year. Begin by performing a vertical analysis of Eta Designs's balance sheet for 2016, then perform the analysis for 2015. (Round the percent of total amounts to one decimal place, X.X%.) Eta Designs, Inc. Balance Sheet December 31, 2016 and 2015 Data Table 2016 Percent of Total 2015 Percent of Total Assets Total Current Assets $ 48,600 % $ 60,000 % Eta Designs, Inc. Comparative Balance Sheet December 31, 2016 and 2015 Property, Plant, and Equipment, Net 219,600 % 172,500 % 2016 2015 31,800 67,500 Other Assets % % Assets S 300,000 $ 300,000 Total Assets % % Total Current Assets $ 48,600 $ 60,000 Liabilities Property, Plant, and Equipment, Net 219,600 172,500 Total Current Liabilities $ 38,400 % S 47,100 % Other Assets 31,800 67,500 Long-term Debt 98,400 204,300 % % $ 300,000 $300,000 Total Assets Total Liabilities 136,800 % 251,400 % Liabilities Stockholders' Equity Total Current Liabilities $ 38,400 $ 47,100 Total Stockholders' Equity 163,200 48,600 % % Long-term Debt 98,400 204,300 S 300,000 S 300,000 Total Liabilities and Stockholders' Equity % Total Liabilities 136,800 251,400 Stockholders' Equity Total Stockholders' Equity 163,200 48,600 Total Liabilities and Stockholders' Equity $ 300,000 $ 300,000 Print Done
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