Kappa ?Designs, Inc. has the following? data:??
Kappa Designs, Inc.
Comparative Balance Sheet
December 31, 2018 and 2017
2018
2017
Assets
Total Current Assets
$43,452
$64,460
Property, Plant, and Equipment, Net
210,444
146,500
Other Assets
30,104
82,040
Total Assets
$284,000
$293,000
Liabilities
Total Current Liabilities
$46,860
$44,536
Long-term Debt
108,204
200,705
Total Liabilities
155,064
245,241
Stockholders' Equity
Total Stockholders' Equity
128,936
47,759
Total Liabilities and Stockholders' Equity
$284,000
$293,000
Perform a vertical analysis of Kappa ?Designs' balance sheet for each year.
Begin by performing a vertical analysis of Kappa ?Designs' balance sheet for 2018?, then perform the analysis for 2017. ?(Round the percent of total amounts to one decimal? place, X.X%.)
Kappa Designs, Inc.
Balance Sheet
December 31, 2018 and 2017
2018 Percent of Total
Assets
Total Current Assets $43,452 ___________%
Property, Plant, and Equipment, Net 210,444___________ %
Other Assets 30,104___________ %
Total Assets $284,000__________ %
Liabilities
Total Current Liabilities $46,860_________ %
Long-term Debt 108,204 ___________%
Total Liabilities 155,064____________ %
Stockholders' Equity
Total Stockholders' Equity 128,936________ %
Total Liabilities and Stockholders' Equity $284,000___________ %
2017 Percent of Total
$64,460___________ %
146,500 ___________%
82,040 ____________%
$293,000 _________%
$44,536_________ %
200,705 __________%
245,241___________ %
47,759___________ %
$293,000__________ %
Vertical Analysis of the Balance Sheet data for Kappa Designs, Inc.
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Kappa ?Designs, Inc. |
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Condensed Balance Sheet, May 31 |
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$ ( In Millions) |
Percent |
|
|
Assets |
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|
Total Current Assets |
43,452 |
15.3% |
|
Property, Plant and Equipment (Net) |
210444 |
74.1% |
|
Other Assets |
30,104 |
10.6% |
|
Total Assets |
284,000 |
100% |
|
Liabilities and Stockholders Equity |
||
|
Total Current Liabilities |
46,860 |
16.5% |
|
Long term Liabilities |
108,204 |
38.1% |
|
Stockholders Equity |
128,936 |
45.4% |
|
Total Liabilities and Stockholders Equity |
284,000 |
100% |
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