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Hi can I please get some help with this accounting problem for class please? Thank you Alpha Designs, Inc. has the following data: B (Click
Hi can I please get some help with this accounting problem for class please? Thank you
Alpha Designs, Inc. has the following data: B (Click the icon to view the data.) Perform a vertical analysis of Alpha Designs' balance sheet for each year. Begin by performing a vertical analysis of Alpha Designs' balance sheet for 2018, theni perform the analysis for 2017. (Round the percent of total amounts to one decimal place. X.X%.) X Data table Alpha Designs, Inc. Balance Sheet December 31, 2018 and 2017 2018 Percent of Total 2017 Percent of Total Assets $ 25,000 % Tolal Current Assels Property, Plant, and Equipment, Net Alpha Designs, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 % 77.500 179,800 52,700 % 153,600 21,400 2017 Other Assets % Assets $ 200,000 S Total Assets % 310,000 % S 77,500 Liabilities Total Current Liabilities Total Current Assets Property, Plant, and Equipment, Net 25,000 $ 153,600 21,400 $ % S 179,800 52,700 52.080 27,600 72,400 Other Assets 207,700 % % S 200,000 $ 310,000 Total Assets 100,000 % 259.780 % Long term Debt Total Liabilities Stockholders' Equity Total Stockholders' Equity Liabilities S 100,000 Total Current Liabilities X 50.220 % 27.600 S 72.400 52,080 207,700 $ 200,000 S 310,000 Total Liabilities and Stockholders' Equity % Long-term Debt Total Liabilities Stockholders' Equity 100.000 259.780 100,000 50,220 Total Stockholders' Equity Total Liabilities and Stockholders' Equity S 200,000 S 310,000Step by Step Solution
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