Fairway Golf Company's balance sheet at December 31, 2018 is as follows EEB (Click the icon to view the balance sheet.) Requirement Perform a vertical analysis of Fairway Golf Company's balance sheet to determine the component percentages of its assets, liabilities, and stockholders' equity Round the percentages to the nearest hundredth percent, XXX%. Fairway Golf Company Vertical Analysis of Balance Sheet December 31, 2018 Data Table Amount % of total Fairway Golf Company Balance Sheet December 31, 2018 Assets otal current assets Property, plant, and equipment, net Other assets Total assets $47,680 229,760 42,560 $ 320,000 Assets Total current assets Property, plant, and equipment, net Other assets Total assets $ 47,680 229,760 42,560 $ 320,000 Liabilities Total current liabilities Long-term debt Total liabilities $ 52,480 121,280 173,760 Liabilities Total current liabilities Long-term debt Total liabilities $ 52,480 121,280 Stockholders' Equity Total stockholders' equity 146,240 Total liabilities and stockholders' equity $ 320,000 173,760 Stockholders' Equity 146,240 Total stockholders' equity $ 320,000 Total liabilities and stockholders' equity Print Done

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Fairway Golf Company's balance sheet at December 31, 2018 is as follows
EEB (Click the icon to view the balance sheet.)
Requirement
Perform a vertical analysis of Fairway Golf Company's balance sheet to determine the component percentages of its assets, liabilities, and stockholders' equity
Round the percentages to the nearest hundredth percent, XXX%.
Fairway Golf Company
Vertical Analysis of Balance Sheet
December 31, 2018
Data Table
Amount
% of total
Fairway Golf Company
Balance Sheet
December 31, 2018
Assets
otal current assets
Property, plant, and equipment, net
Other assets
Total assets
$47,680
229,760
42,560
$ 320,000
Assets
Total current assets
Property, plant, and equipment, net
Other assets
Total assets
$ 47,680
229,760
42,560
$ 320,000
Liabilities
Total current liabilities
Long-term debt
Total liabilities
$ 52,480
121,280
173,760
Liabilities
Total current liabilities
Long-term debt
Total liabilities
$ 52,480
121,280
Stockholders' Equity
Total stockholders' equity
146,240
Total liabilities and stockholders' equity
$ 320,000
173,760
Stockholders' Equity
146,240
Total stockholders' equity
$ 320,000
Total liabilities and stockholders' equity
Print
Done
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Transcribed Image Text

Fairway Golf Company's balance sheet at December 31, 2018 is as follows EEB (Click the icon to view the balance sheet.) Requirement Perform a vertical analysis of Fairway Golf Company's balance sheet to determine the component percentages of its assets, liabilities, and stockholders' equity Round the percentages to the nearest hundredth percent, XXX%. Fairway Golf Company Vertical Analysis of Balance Sheet December 31, 2018 Data Table Amount % of total Fairway Golf Company Balance Sheet December 31, 2018 Assets otal current assets Property, plant, and equipment, net Other assets Total assets $47,680 229,760 42,560 $ 320,000 Assets Total current assets Property, plant, and equipment, net Other assets Total assets $ 47,680 229,760 42,560 $ 320,000 Liabilities Total current liabilities Long-term debt Total liabilities $ 52,480 121,280 173,760 Liabilities Total current liabilities Long-term debt Total liabilities $ 52,480 121,280 Stockholders' Equity Total stockholders' equity 146,240 Total liabilities and stockholders' equity $ 320,000 173,760 Stockholders' Equity 146,240 Total stockholders' equity $ 320,000 Total liabilities and stockholders' equity Print Done