THORNTON COMPANY Vertical Analysis of Balance Sheets 2019 Percentage of Total 2018 Percentage of Total Amount Amount % Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land Total long-term assets Total assets Liabilities and stockholders' equity Liabilities $ 16,300 20,700 55,900 136,000 25,100 254,000 28,300 271,700 29,000 329,000 $ 583,000 $ 12,400 6,600 46,700 144,200 10,400 220,300 21,300 255,400 24,200 300,900 $ 521,200 $ $ 16,400 113,600 20,600 150,600 5,200 98,600 13,200 117,000 Liabilities and stockholders' equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other Total noncurrent liabilities Total liabilities Stockholders' equity Preferred stock (par value $10,4% cumulative, nonparticipating; 6,800 shares authorized and issued) Common stock (no par; 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities & stockholders' equity 98,200 30,900 129,100 279,700 98,200 26,100 124,300 241,300 68,000 68,000 167,300 303,300 $ 583,000 68,000 68,000 143,900 279,900 $ 521,200 %