Question

Riley Designs has requested that you perform a vertical analysis of its balance sheet. (Round percents to two decimal places.) (Click the icon to view the balance sheet of the company.) 1 Data Table Riley Designs, Inc. Vertical Analysis of Balance Sheet As of December 31 For the year (in thousands) Percentage (rounded) Riley Designs, Inc. Balance Sheet As of December 31 Assets $ Total current assets Property, plant and equipment, net For the year (in thousands) 43,605 204,915 36,480 285,000 Assets Other noncurrent assets $ Total assets Total current assets Property, plant and equipment, net 43,605 204,915 36,480 285,000 Liabilities Other noncurrent assets Total current liabilities 52,440 108,870 I ona-term liabilities Enter any number in the edit fields and then click Check Answer. Total assets Liabilities Total current liabilities Long-term liabilities 52,440 108,870 All parts showing

Answer 1

Riley Designs Inc
Vertical Analysis of Balance sheet
As of December 31
	For the Year	Percentage
	(in thousands) $	(rounded)
Total current assets	43605	15.30
Property, plant and equipment, net	204915	71.90
Other noncurrent assets	36480	12.80
	285000	100
Liabilities
Total current liabilities	52440	18.40	52440/123690*100
Long-term liabilities	108870	38.20	108870/123690*100
Total Liabilities	161310	56.6
Total stockholder's equity	123690	43.4
	285000	100