Question
Explain on how to perform a vertical analysis of Beta Golf Company's balance sheet to determine the component percentages of its assets, liabilities, and stockholders'
Explain on how to perform a vertical analysis of Beta Golf Company's balance sheet to determine the component percentages of its assets, liabilities, and stockholders' equity. Thank you!
Beta Gold Company
Balance Sheet
December 31, 2018
Assets
Total Current assets$44,100
Property, plant and equipment, net$213,600
Other Assets$42,300
Total Assets$300,000
Liabilities
Total Current liabilities$48,300
Long-term debt$113,100
Total liabilities$161,400
Stockholders Equity
Total stockholders equity$138, 600
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Accounting What The Numbers Mean
Authors: David Marshall, Wayne McManus, Daniel Viele
10th Edition
77729870, 9780077729875
