Help Data Table Trap Golf Company\'s balance sheet at December 31,2016 is as ?(C

Question

Help Data Table Trap Golf Company's balance sheet at December 31,2016 is as ?(Click the icon to view the balance sheet.) Requirement 1. Trap Goit Company has requestod that you perform a vertical analysis of its balance sheet to otal current assets Property, plant, and equipment, ne Oher assets Total assets 48.320 229,120 42,560 5 320.000 entages to tho nearest tuoredh percen·x xx%.) Assets Toal current assels Property plant, and equipment, net Othor assets Total assets 48.320 229,120 2,560 320,000 otal current lablits Long-ferm debt Total liabs 1 840 119,040 Stockholders otal current ablti Long-tem dobi Toal abili s 51,840 119,040 Total stockholders 320.000 70,880 Enter any number in the edt elds and then continue to the next quesion 0 Type here to search ENG 212018 2 0

Explanation / Answer

Assets Total current assets 48320 15.10% Property, plant and Equipment, net 229120 71.60% Other assets 42560 13.30% Total assets 320000 100.00% Liabilities Total current Liabilities 51840 16.20% Long term debt 119040 37.20% Total Liabilities 170880 53.40% Stockholders' equity Total Stockholders' equity 149120 46.60% Total Liabilities and Stockholders' equity 320000 100.00%

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