Question

Malin Optical Company reported the following amounts on its balance sheet at December 31, 2018 and 2017: F (Click the icon to view the amounts.) Prepare a vertical analysis of Malin's assets for 2018 and 2017 Begin by preparing a vertical analysis of Malin's assets for 2018, then prepare a vertical analysis for 2017. (Round the percent of total amounts to one decimal place, X.X%.) Data Table Malin Optical Company Balance Sheet (partial) December 31, 2016 and 2017 Percent of Total 2017 $ 2018 82.070 $ Cash and Receivables Merchandise Inventory Property. Plant and Equipment, Not Total Assets 82.070 58 870 149,000 Cash and Receivables Merchandise Inventory Property. Plant, and Equipment, Net Total Assets 58.870 140.000 61,920 53,760 124120 $ 290,000 $ 200,000 $ 240,000 Print Dono

Answer 1

Verticle Ananalysis In verticle analysis, each item on a financial statement is shown as a percentage of a base figure within financial statement. Here in verticle analysis of Balancesheet, each asset is shown as percentage of total assets. Assets 2018 Calculations Percentage of Total 2017 Calculations Percentage of Total Cash and Cash Receivables 82070 82070*100/290000 28.3 61920 61920*100/240000 25.8 Inventory 58870 58870*100/290000 20.3 53760 53760*100/240000 22.4 Property, plant and Equipment 149060 149060*100/290000 51.4 124320 124320*100/240000 51.8 290000 100 240000 100