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This Question: 1 pt 6 of 13 (2 complete) Omega Designs, Inc. has the following data: (Click the icon to view the data.) Perform a
This Question: 1 pt 6 of 13 (2 complete) Omega Designs, Inc. has the following data: (Click the icon to view the data.) Perform a vertical analysis of Omega Designs' balance sheet for each year. Begin by performing a vertical analysis of Omega Designs' balance sheet for 2018, then perform the analysis for 2017. (Round the percent of total amounts to one decimal place, XX%.) Data Table - X Omega Designs, Inc. Balance Sheet December 31, 2018 and 2017 2018 Percent of Total 2017 Percent of Total Assets Omega Designs, Inc. Comparative Balance Sheet December 31, 2018 and 2017 $ % $ % Total Current Assets Property, Plant, and Equipment, Net Other Assets 32,250 180,750 37,000 % 66,600 168.720 60.680 % 2018 2017 % % Assets 250,000 $ 296.000 % % $ 32,250 $ 66,600 Total Assets Liabilities Total Current Liabilities Total Current Assets Property, Plant, and Equipment, Net $ % $ % 30,500 80,750 45,880 204.536 180,750 37,000 168,720 60,680 Other Assets $ 250,000 $ 296,000 Total Assets Long-term Debt Total Liabilities Stockholders' Equity 111,250 % 250,416 % Liabilities Total Stockholders' Equity 138,750 % 45.584 % 30,500 $ 80.750 45,880 204,536 250.000 $ 296.000 Total Liabilities and Stockholders' Equity % % Total Current Liabilities Long-term Debt Total Liabilities Stockholders' Equity Total Stockholders' Equity 111,250 250,416 138.750 45.584 250,000 $ 296,000 Total Liabilities and Stockholders' Equity Print Done
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