Answers
Vertical Analysis of Kapow's Balance Sheet is shown as follows:- (Amounts in $)
| 2017 | 2016 | |||
| Assets | Amounts | % | Amounts | % |
| Total Current Assets | 200,000 | 25.0% | 100,000 | 15.4% |
| Property, Plant, and Equipment, net | 550,000 | 68.7% | 500,000 | 76.9% |
| Other Assets | 50,000 | 6.3% | 50,000 | 7.7% |
| Total Assets | 800,000 | 100.0% | 650,000 | 100% |
| Liabilities | ||||
| Total Current Liabilities | 150,000 | 18.8% | 100,000 | 15.3% |
| Long-term Liabilities | 350,000 | 43.7% | 250,000 | 38.5% |
| Total Liabilities | 500,000 | 62.5% | 350,000 | 53.8% |
| Stockholders' Equity | ||||
| Total Stockholders' Equity | 300,000 | 37.5% | 300,000 | 46.2% |
| Total Liabilities and Stockholders' Equity | 800,000 | 100.0% | 650,000 | 100.0% |
Working Notes:-
1) Total assets and total liabilities and stockholders' equity are assumed to be equal to 100%. The percentage of each item of balance sheet (i.e. assets and liabilities) are calculated by dividing the respective amount for that item by total assets or total liabilities and stockholders' equity.
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