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Use the following Comparative Balance Sheet to prepare the VERTICAL ANALYSIS for two years for Holiday Times Corp. for 2021 & 2020. Round answers to

Use the following Comparative Balance Sheet to prepare the VERTICAL ANALYSIS for two years for Holiday Times Corp. for 2021 & 2020. Round answers to 1 decimal point. 20 Points (Table in the attached Word file - you can copy it to Excel)

Holiday Times Corp.

Comparative Balance Sheet

December 31, 2021 and 2020

2021

Percent of Total

2020

Percent of Total

Assets

Total Current Assets

$27,800

$25,900

Property, Plant, and Equipment, net

284,000

298,400

Other Assets

35,000

45,700

Total Assets

$346,800

$370,000

Liabilities

Total Current Liabilities

$45,900

$53,600

Long-term Debt

68,700

41,800

Total Liabilities

$114,600

$95,400

Stockholders Equity

Total Stockholders Equity

$232,200

$274,600

Total Liabilities and Stockholders Equity

$346,800

$370,000

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