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Urgent Complete this question by entering your answers in the tabs below. Analysis Bal Analysis Inc Sheet Stmt Prepare a vertical analysis of the balance
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Complete this question by entering your answers in the tabs below. Analysis Bal Analysis Inc Sheet Stmt Prepare a vertical analysis of the balance sheets for 2019 and 2018. (Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).) ZACHARY COMPANY Vertical Analysis of Balance Sheets 2019 Percentage of Total 2018 Percentage of Total Amount Amount Assets 96 $ 16,200 20,300 54,700 135,700 26.000 252,900 28,700 270,000 30.900 329,800 S 582,500 $ 13,500 7,000 47.000 144,600 10.900 223,000 21,000 255,400 24,600 301.000 $524,000 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 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: 7,900 shares authorized and issued) Common stock (no par: 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities & stookholders' equity $ 16,500 113,500 20,300 150.300 S 5,300 99,600 13,600 118,500 99,800 30.900 130,500 280.800 99,600 25,300 124,900 243,400 79,000 79,000 79,000 143,700 301.700 S 582,500 79,000 122,600 280.600 S524,000 % Analysis Bal Sheet Analysis Inc Stmt >Step by Step Solution
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