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Perform a vertical analysis of Theta ?Designs\'s balance sheet for each year. Be

ID: 2535234 • Letter: P

Question

Perform a vertical analysis of Theta ?Designs's balance sheet for each year.

Begin by performing a vertical analysis of Theta ?Designs's balance sheet for 2016?, then perform the analysis for 2015.

Theta Designs, Inc.

Balance Sheet

December 31, 2016 and 2015

Theta Designs, Inc.

Balance Sheet

December 31, 2016 and 2015

2016 Percent of Total Assets Total Current Assets Property, Plant, and Equipment, Net Other Assets Total Assets $46,150 242,125 36,725 $ 325,000 0 0 0 Liabilities Total Current Liabilities Long-term Debt Total Liabilities $43,875 0 115,375 0 159,250 0 Stockholders' Equity Total Stockholders' Equity 165,750 0 $ 325,000 Total Liabilities and Stockholders' Equity 0

Explanation / Answer

Theta Designer Inc. Balance Sheet Dec, 31, 2016 and 2015 2016 % of Total 2015 % of Total Assets Total Current assets 46150.0 14.2% 64460.0 22.0% Property, plant & Equipment 242125.0 74.5% 146500.0 50.0% Other Assets 36725.0 11.3% 82040.0 28.0% Total Assets 325000.0 100.0% 293000.0 100.0% Liabilities Total Current Liabilities 43875.0 27.6% 44536.0 18.2% Long term debt 115375.0 72.4% 200705.0 81.8% Total Liabilities 159250.0 100.0% 245241.0 100.0% Stockholder's equity Total Stockholder's Equity 165750.0 51.0% 47759.0 16.3% Total Liability & Shareholder's equity 325000.0 100.0% 293000.0 100.0%

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