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Required: Prepare a vertical analysis of the balance sheet for Morningstar, Inc. (Round your answers to the nearest whole percent.) Morningstar, Inc. Balance Sheet December
Required: Prepare a vertical analysis of the balance sheet for Morningstar, Inc. (Round your answers to the nearest whole percent.) Morningstar, Inc. Balance Sheet December 31 (amounts in millions) Current Assets Amount % Cash & Cash Equivalents $ 13,616 Accounts Receivable 395 Inventories 1,657 Total Current Assets 15,668 Property & Equipment, Net 5,520 Long-Term Investments 4,732 Total Assets Current Liabilities Accounts Payable Accrued Liabilities Amount % S 787 4,823 0 Total Current Liabilities Long-Term Liabilities Total Liabilities 5,610 0 2,210 7,820 Total Stockholder's Equity 18,100 $ 25,920 0 Total Liabilities & Stockholder's Equity $ 25,920 0
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