Omega Designs, Inc. has the following data

Perform a vertical analysis of Omega Designs's balance sheet for each year.

Begin by performing a vertical analysis of Omega Designs's balance sheet for 2016, then perform the analysis for 2015.

(Round the percent of total amounts to one decimal place, X.X%.)

0 Omega Designs, Inc. has the following data: (Click the icon to view the data.) Perform a vertical analysis of Omega Designs's balance sheet for each year. Begin by performing a vertical analysis of Omega Designs's balance sheet for 2016, then perform the analysis for 2015. (Round the percent of total amounts to one decimal place, X.X%.) Omega Designs, Inc. Balance Sheet December 31, 2016 and 2015 2016 Percent of Total 2015 Percent of Total Assets Total Current Assets $ 48,600 % $ 73,440 % Property, Plant, and Equipment, Net % % 219,600 31,800 168,300 64,260 Other Assets % % $ 300,000 Total Assets $ % 306,000 % Liabilities Total Current Liabilities $ % $ % 38,400 98,400 49,266 208,998 Long-term Debt % % Total Liabilities 136,800 % 258,264 % Stockholders' Equity Total Stockholders' Equity 163,200 % 47,736 % 300,000 306,000 Total Liabilities and Stockholders' Equity % % i Data Table - Omega Designs, Inc. Comparative Balance Sheet December 31, 2016 and 2015 2016 2015 Assets Total Current Assets $ 48,600 $ 73,440 Property, Plant, and Equipment, Net 219,600 31,800 168,300 64,260 Other Assets $ 300,000 $ Total Assets 306,000 Liabilities Total Current Liabilities $ 38,400 $ 98,400 49,266 208,998 Long-term Debt Total Liabilities 136,800 258,264 Stockholders' Equity Total Stockholders' Equity 163,200 47,736 Total Liabilities and Stockholders' Equity $ 300,000 $ 306,000 Print Done