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Hoosier Optical Company reported the following amounts on its balance sheet at December 31, 2018 and 2017 EEB (Click the icon to view the amounts.)
Hoosier Optical Company reported the following amounts on its balance sheet at December 31, 2018 and 2017 EEB (Click the icon to view the amounts.) Prepare a vertical analysis of Hoosier's assets for 2018 and 2017 Begin by preparing a vertical analysis of Hoosier's assets for 2018, then prepare a vertical analysis for 2017. (Round the Data Table Hoosier Optical Company Balance Sheet (partial) December 31, 2018 and 2017 2018 2017 2018 Percent of Total 2017 Percent of Total 76,680 $ 55,890 Cash and Receivables Merchandise Inventory Property, Plant, and Equipment, Net Total Assets 65,250 53,000 131,750 250,000 Cash and Receivables $76,680 % $ 65,250 Merchandise Inventory 55,890 53,000 137,430 Property, Plant and Equipment, Net 137,430[ 131,750- 270,000$ $ 270,000 $ 250,000 Total Assets Print Done
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