Question

%E17-17 (similar to) Question Help Kappa Designs, Inc. has the following data: :: (Click the icon to view the data) Perform a vertical analysis of Kappa Designs's balance sheet for each year. Begin by performing a vertical analysis of Kappa Designs's balance sheet for 2016, then perform the analysis for 2015. (Round the percent of total amounts to one decimal place, XX%) Kappa Designs, Inc. Balance Sheet December 31, 2016 and 2015 2016 Percent of Total Assets Total Current Assets 42,750 15.0 Enter any number in the edit fields and then click Check Answer All parts showing Clear All Check Answer

Answer 1

Kappa Designs Inc.
Balance Sheet
December 31,2016 and 2015
Vertical Analysis
	2016	Percentage	2015	Percentage
Assets
Total Current Assets	$42,750	15.00%	$42,770	23.50%
Property, Plant and Equipment, Net	$2,08,335	73.10%	$1,05,560	58.00%
Other Assets	$33,915	11.90%	$33,670	18.50%
Total Assets	$2,85,000	100.00%	$1,82,000	100.00%
Liabilities
Total Current Liabilities	$49,020	17.20%	$29,484	16.20%
Long-Term Debt	$1,09,155	38.30%	$1,26,490	69.50%
Total Liabilities	$1,58,175	55.50%	$1,55,974	85.70%
Stockholder's Equity
Total Stockholder's Equity	$1,26,825	44.50%	$26,026	14.30%
Total Liabilities and Stockholders equity	$2,85,000	100.00%	$1,82,000	100.00%
Note:The base for all the figures in case of vertical analysis is Total Assets for Assets and Total Liabilities and Stockholders equity
for Liabilities and Stockholders equity