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The following are line items from the vertical analysis of a balance sheet: 3 4 Amount Percent Total assets $500,000 $200,000 300,000 5 Total liabilities
The following are line items from the vertical analysis of a balance sheet: 3 4 Amount Percent Total assets $500,000 $200,000 300,000 5 Total liabilities Total stockholders' equity Total liabilities and stockholders' equity 6 $500,000 7 For total liabilities, what amount should be shown in the percent column? 18 a. 60%. b. 100%. 19 c. 40%. 20 d. 67%. 21
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