Reference no: EM132470599
Capitol Optical Company reported the following amounts on its balance sheet at December ?31, 2018 and 2017.
Question 1: Begin by preparing a vertical analysis of Capitol assets for 2018?, then vertical analysis for 2017. ?(Round the percent of total amounts to one decimal? place, X.X%.).
2018 2017
Cash and Receivables $ 75,625 $ 69,615
Merchandise Inventory 56,925 53,295
Property, Plant, and Equipment, Net 142,450 132,090
Total Assets $ 275,000 $ 255,000
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