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Accounting

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Zeta Designs, Inc. has the following data: (Click the icon to view the data.) Perform a vertical analysis of Zeta Designs' balance sheet for each year. Begin by performing a vertical analysis of Zeta Designs' balance sheet for 2018, then perform the analysis for 2017. (Round the percent of total amounts to one decimal place, X.X%.) Zeta Designs, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Total Current Assets 25,000 $ 66,600 Property, Plant, and Equipment, Net 153,600 168,720 21,400 60,680 Other Assets $ 200,000 $ 296,000 Total Assets Liabilities Total Current Liabilities 45,880 27,600 $ 72,400 204,536 Long-term Debt Total Liabilities 100,000 250,416 Stockholders' Equity Total Stockholders' Equity 100,000 45,584 $ 200,000 $ 296,000 Total Liabilities and Stockholders' Equity Zeta Designs, Inc. Balance Sheet December 31, 2018 and 2017 2018 Percent of Total Assets Total Current Assets $ 25,000 % Property, Plant, and Equipment, Net % 153,600 21,400 Other Assets % $ 200,000 Total Assets % Liabilities Total Current Liabilities $ % 27,600 72,400 Long-term Debt % Total Liabilities 100,000 % Stockholders' Equity Total Stockholders' Equity 100,000 % $ 200,000 Total Liabilities and Stockholders' Equity %

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