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QUESTION 7 Prepare a vertical analysis for the balance sheet data given below. (Round to two decimal places.) Flowers, Inc. Balance Sheet December 31, 2017

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QUESTION 7 Prepare a vertical analysis for the balance sheet data given below. (Round to two decimal places.) Flowers, Inc. Balance Sheet December 31, 2017 cument Assets Cash and Cash Equivalents Accounts Receivable, Net Merchandise Inventory Total Curent Asseto Long-term Inve stments Property. Plant, and Equipment, Net $10,000 15,600 15,000 Liabllites Current Liabihties $8500 Total Current Liablities Total Liabilities 161,000 Retained Eamings Total Stockholders' Equity Total Liabilities and Stockholders' Equity

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