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Malibu Optical Company reported the following amounts on its balance sheet at December 31, 2024 and 2023: (Click the icon to view the amounts.) Prepare
Malibu Optical Company reported the following amounts on its balance sheet at December 31, 2024 and 2023: (Click the icon to view the amounts.) Prepare a vertical analysis of Malibu's assets for 2024 and 2023. Begin by preparing a vertical analysis of Malibu's assets for 2024, then prepare a vertical analysis for 2023. (Round the percent of total amounts to one decimal place, XX%) Malibu Optical Company Balance Sheet (partial) December 31, 2024 and 2023 2024 Percent of Total Cash and Receivables $ 78,765 Merchandise Inventory 66,080 Property, Plant and Equipment, Net 150,155 % $ 295,000 Total Assets vill ect: sis of Ma rtical an Data table uipment, 2024 2023 Cash and Receivables 78,765 $ 71,145 Merchandise Inventory 66,080 52,785 Property, Plant, and Equipment, Net 150,155 131,070 295,000 $ 255,000 Total Assets Print Done - X amounts to one decimal p
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