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S15-4 (similar to) Question Help Hoosier Optical Company reported the following amounts on its balance sheet at December 31, 2018 and 2017: (Click the icon
S15-4 (similar to) Question Help Hoosier Optical Company reported the following amounts on its balance sheet at December 31, 2018 and 2017: (Click the icon to view the amounts.) Prepare a vertical analysis of Hoosier's assets for 2018 and 2017. Begin by preparing a vertical analysis of Hoosier's assets for 2018, then prepare a vertical analysis for 2017. (Round the percent of total amounts to one decimal place, X.X%.) X - Data Table Hoosier Optical Company Balance Sheet (partial) December 31, 2018 and 2017 2018 Percent of Total Cash and Receivables $ 78,470 % 2018 2017 Merchandise Inventory % Cash and Receivables $ 78,470 $ 68,355 61,065 155,465 Property, Plant and Equipment, Net % Merchandise Inventory 61,065 155.465 49,735 126,910 $ 295,000 Total Assets % Property, Plant, and Equipment, Net $ 295,000 $ 245,000 Total Assets Print Done Done
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