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Modern Moving Company reported the following amounts on its balance sheet as of December 31, 2019 and December 31, 2018: 2019 2018 Cash and Receivables
Modern Moving Company reported the following amounts on its balance sheet as of December 31, 2019 and December 31, 2018: 2019 2018 Cash and Receivables $ 75 comma 000 $ 115 comma 000 Merchandise Inventory 215 comma 000 220 comma 000 Property, Plant and Equipment, net 770 comma 000 770 comma 000 Total Assets $ 1 comma 060 comma 000 $ 1 comma 105 comma 000 Total Liabilities $ 485 comma 000 $ 375 comma 000 For the vertical analysis, what is the percentage of stockholders' equity as of December 31, 2019? (Round your answer to two decimal places.)
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