Question
Kappa Designs, Inc. has the following data: (Click the icon to view the data.) Perform a vertical analysis of Kappa Designs' balance sheet for each
Kappa Designs, Inc. has the following data: (Click the icon to view the data.) Perform a vertical analysis of Kappa Designs' balance sheet for each year. Begin by performing a vertical analysis of Kappa Designs' balance sheet for 2024, then perform the analysis for 2023. (Round the percent of total amounts to one decimal place, X.X%.) Kappa Designs, Inc. Balance Sheet December 31, 2024 and 2023 2024 Percent of Total Assets Total Current Assets $ 25,000 Property, Plant, and Equipment, Net 153,600 % 21,400 Other Assets % $ 200,000 Total Assets % Liabilities Total Current Liabilities $ 27,600 % 72,400 Long-term Debt % Enter any number in the edit fields and then click Check Answer. questionid=1&flushed=false&cid=626 Roland MyLab ACG2011 665910 Homework: Ch 17 Homework B - Graded Score: 0 of 6 pts EF17-15 (similar to) Kappa Designs, Inc. has the following data: (Click the icon to view the data.) 3 of 8 (0 complete) Perform a vertical analysis of Kappa Designs' balance sheet for each year. December 31, 2024 and 2023 2024 Percent of Total Assets Total Current Assets $ 25,000 % Property, Plant, and Equipment, Net 153,600 % 21,400 % Other Assets $ 200,000 % Total Assets Liabilities Total Current Liabilities $ 27,600 % 72,400 % Long-term Debt Total Liabilities 100,000 % Stockholders' Equity 100,000 % Total Stockholders' Equity $ 200,000 % Total Liabilities and Stockholders' Equity Enter any number in the edit fields and then click Check Answer. i Data Table Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 - Assets Total Current Assets $ 25,000 $ 73,440 Property, Plant, and Equipment, Net 153,600 168,300 21,400 64,260 Other Assets $ 200,000 $ 306,000 Total Assets Liabilities Total Current Liabilities $ 27,600 $ 49,266 72,400 208,998 Long-term Debt Total Liabilities 100,000 258,264 Stockholders' Equity Total Stockholders' Equity 100,000 47,736 $ 200,000 $ 306,000 Total Liabilities and Stockholders' Equity Print Done
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