Question

gamma designs inc has rhe following data

Gamma Designs, Inc. has the following data: (Click the icon to view the data.) Perform a vertical analysis of Gamma Designs balance sheet for each year Begin by performing a vertical analysis of Gamma Designs' balance sheet for 2018, then perform the analysis for 2017. (Round the percent of total amounts to one decimal place, XXX.) Gamma Designs, Ine. Balance Sheet December 31, 2018 and 2017 2018 Percent of Total 2017 Percent of Total Assets Total Current Assets Property. Plant, and Equipment, Not Other Assets 48.600 219,600 31,800 44.400 100,150 31.450 $ 300.000 $ 185,000 Total Assets

Answer 1

Percent of Total Gamma Designs Inc Balance Sheet December 31, 2018 and 2017 Percent of 2018 Total 2017 Assets Total Current Assets $48,600 16.2% $44400 Property, plant and Equipment, Net $219,600 73.2% $109, 150 Other Assets $31,800 10.6%. $ 31,450 Total Assets $300,000 100.0 % $185,000 Liabilities Total Current liabilities $38,400 12.8% $30,155 Long Term Debt $98,400 32.8% $127,650 Total Liabilities $136,800 45.6% $157,805 Stockholders' Equity Total stockholders' equity $163,200 54.4% $27,195 Total liabilities and stockholders, kung gert $300,000 100.0 % $185,000 24.0% 59.0% 17:07 100.0% 16.3% 69.0% 85.3% 14.77 100.0 % egu

Calculation, Percent = Item Amount хоо Base Amount Total current Assets of 2018 = $ 48,600 -x100 $ 300,000 - 16.2 % Total Current Assets of 2017 = $44,400 - X 100 $185,000 - 24% Rare Amount = Total Assets or Total liabilities and stockholders equity