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

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing t…