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Tn Designs, Inc. has the following data: (Click the icon to view the data) Perform a vertical analysis of Tri Designs' balance sheet for each
Tn Designs, Inc. has the following data: (Click the icon to view the data) Perform a vertical analysis of Tri Designs' balance sheet for each year. Begin by performing a vertical analysis of Tri Designs' balance sheet for 2018, then perform the analysis for 2017 (Round the percent of total amounts to one decimal place, XX%) Tri Designs, Inc. Balance Sheet December 31, 2018 and 2017 Tri Designs, Inc. Balance Sheet December 31, 2018 and 2017 2018 Percent of Total 2017 Percent of Total $ % $ % 2 Assets Total Current Assets Property, Plant, and Equipment, Net Other Assets Total Assets 32,250 180,750 37,000 % % 69,300 184 275 61,425 315,000 % % S 250,000 $ % Liabilities Total Current Liabilities S % $ % 30,500 80,750 53,550 204,750 % % 111,250 % 258,300 % Long-term Debt Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity 138,750 % % 56,700 315,000 $ 250,000 $ % % Enter any number in the edit fields and then continue to the next question. Tri Designs, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Total Current Assets $ 32,250 $ 69,300 Property, Plant, and Equipment, Net 180,750 37,000 184,275 61,425 Other Assets $ Total Assets 250,000 $ 315,000 Liabilities Total Current Liabilities $ 30,500 $ 80,750 53,550 204,750 Long-term Debt Total Liabilities 111,250 258,300 Stockholders' Equity Total Stockholders' Equity 138,750 56,700 S Total Liabilities and Stockholders' Equity 250,000 $ 315,000
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