Fig Company reported the following amounts on its balance sheet as of December 31, 20X9 and 2019 2018 Cash and Receivables $175,000 $105,000 Merchandise Inventory 215,000 160,000 Property. Plant and Equipment, net 800,000 720,000 Total Assets $1,190,000 $985,000 Total Liabilities $495,000 $405,000 For the vertical analysis, what is the percentage of total liabilities for December 31, 20X8? 25.93% 100.00% 41.60% 41.12% Previous