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step by step how to get the vertical percentage All rights reserved: Dr. Robert R. Mcwhorter - Managerial Accounting - Chapter 15 11 HOMEWORK ASSIGNMENT

step by step how to get the vertical percentage

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All rights reserved: Dr. Robert R. Mcwhorter - Managerial Accounting - Chapter 15 11 HOMEWORK ASSIGNMENT Homework 1 Perform a vertical analysis of the balance sheet of Centex Construction for 2018 and 2017.(round the percent of total amounts to one decimal place) Fill in the blanks under Percent of Total. Centex Construction Inc. Comparative Balance Sheet December 31. 2018 and 2017 Assets 2018 Percent of Total 2017 Percent of Total Total Current Assets 49,364 17.2% 69,300 22.0% Property, Plant & Equip. 212,954 187,425 59.5% Other Assets 24.682 58,275 Total Assets 287,000 315,000 100% Liabilities Total Current Liabilities 51,086 56,700 7. Long-term Debt 101,885 35.5%/ 201,600 64.0% Total Liabilities 152,971 258,300 Stockholders' Equity Total Stockholders' Equity 134,029 56,700 18.0% Total Liab. and Stockholders' 287,000 100% 315,000 100 04 R

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