Requirement 1. Perform a vertical analysis of Green Acres Golf Company's balance sheet to determine the component percentages of its assets, liabilities, and stockholders' equity. (Round the percentages to the nearest hundredth percent)

alance sheet December 31, 2018 Assets Total current assets 42,775 Property, plant, and equipment, net 210,335 41,890 Other assets $ 295,000 Total assets Liabilities Total current liabilities $ 50,445 111,805 Long-term debt Total liabilities 162,250 Stockholders' Equity Total stockholders' equity 132,750 295,000 Total liabilities and stockholders' equity December 31, 2018 Amount % of total Assets Total current assets $ 42,775 % Property, plant, and equipment, net % 210,335 41,890 Other assets % $ 295,000 Total assets % Liabilities Total current liabilities % 50,445 111,805 Long-term debt % Total liabilities 162,250 % Stockholders' Equity Total stockholders' equity 132,750 % $ 295,000 Total liabilities and stockholders' equity %