Question
Zeta Designs, Inc. Comparative Balance Sheet December 31, 2016 and 2015 2016 2015 Assets Total Current Assets $ 42,750 $ 77,500 Property, Plant, and Equipment,
Zeta Designs, Inc.
Comparative Balance Sheet
December 31, 2016 and 2015
2016 2015
Assets
Total Current Assets $ 42,750 $ 77,500
Property, Plant, and Equipment, Net 208,335 179,800
Other Assets 33,915 52,700
Total Assets $ 285,000 $ 310,000
Liabilities
Total Current Liabilities $ 49,020 $ 52,080
Long-term Debt 109,155 207,700
Total Liabilities 158,175 259,780
Stockholders' equity
Total Stockholders Equity 126,825 50,220
Total Liabilities and Stockholders' Equity $285000 $310,000
Perform a vertical analysis of Zeta Design's balance sheet for each year.
Begin by performing a vertical analysis of Zeta Designs's balance sheet for 2016, then perform the analysis for 2015. (Round the percents of total amounts one decimal place, X.X%.)
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Ethics And Auditing
Authors: Tom Campbell, Keith Houghton
1st Edition
1920942254, 978-1920942250
