help A condensed balance sheet for Morningstar, Inc. is presented...
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A condensed balance sheet for Morningstar, Inc. is presented below: Required: Prepare a vertical analysis of the balance sheet for Morningstar, Inc. (Round your answers to the nearest whole percent.) Morningstar, Inc. Balance Sheet December 31 (amounts in millions) Amount Amount Current Assets Current Liabilities $ 11,287 Cash & Cash Equivalents Accounts Receivable $ Accounts Payable Accrued Liabilities 550 660 4,056 Inventories 1,357 Total Current Assets 13,194 4,716 0 Property & Equipment, Net Long-Term Investments 4,600 4,022 0 Total Current Liabilities Long-Term Liabilities Total Liabilities Total Stockholder's Equity 0 Total Liabilities & Stockholder's Equity 1,860 6,576 15,240 $ 21,816 Total Assets $ 21,816
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