Trap Golf Company's balance sheet at December 31, 2018

is as follows:

Requirement

1.	Perform a vertical analysis of Trap Golf Company's balance sheet to determine the component percentages of its assets, liabilities, and stockholders' equity. (Round the percentages to the nearest hundredth percent, X.XX%.)

Trap Golf Company
Vertical Analysis of Balance Sheet
December 31, 2018
	Amount	% of total
Assets
Total current assets	$38,690		%
Property, plant, and equipment, net	189,740		%
Other assets	36,570		%
Total assets	$265,000		%
Liabilities
Total current liabilities	$44,520		%
Long-term debt	98,845		%
Total liabilities	143,365		%
Stockholders' Equity
Total stockholders' equity	121,635		%
Total liabilities and stockholders' equity	$265,000		%

Trap Golf Company
Balance Sheet
December 31, 2018
Assets
Total current assets	$38,690
Property, plant, and equipment, net	189,740
Other assets	36,570
Total assets	$265,000
Liabilities
Total current liabilities	$44,520
Long-term debt	98,845
Total liabilities	143,365
Stockholders' Equity
Total stockholders' equity	121,635
Total liabilities and stockholders' equity	$265,000

Data Table