Thomas Sporting Goods Company has requested that you perform a vertical analysis of its balance sheet to determine the component percentages of its assets, liabilities, and

ercise 2- Thomas Sporting Goods Company has requested that you perform a vertical analysis of its balance sheet to determine the component percentages of its assets, liabilities, and stockholders' equity Vertical Analysis Balance Sheet Thomas Sporting Goods Company Balance Shect December 31, 2016 Assets Total current assets Property, plant, and equipment, net Other assets Total assets S 63,000 206,000 40,000 $309,000 Liabilities Total current Liabilities Long-term debt Total liabilities $ 49,000 107,000 156,000 Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity 153,000 $309,000