Prepare a vertical analysis for the balance sheet data given below

(Round to two decimal places.)

Flowers, Inc
Balance Sheet
December 31, 2017

Assets
Current Assets:
Cash and Cash Equivalents $10,000
Accounts Receivable, Net 15,600
Merchandise Inventory 38,000
Total Current Assets 63,600
Long-term Investments 15,000
Property, Plant, and Equipment, Net 195,000
Total Assets $273,600
Liabilities
Current Liabilities:
Accounts Payable $8,500
Notes Payable 1,400
Total Current Liabilities 9,900
Long-term Liabilities 54,000
Total Liabilities 63,900
Stockholders' Equity
Common Stock 161,000
Retained Earnings 48,700
Total Stockholders' Equity 209,700
Total Liabilities and Stockholders' Equity $273,600

What will be an ideal response

Flowers, Inc.
Balance Sheet
December 31, 2017
Percent of
Total
Assets
Current Assets:
Cash and Cash Equivalents $10,000 3.65
Accounts Receivable, Net 15,600 5.70
Merchandise Inventory 38,000 13.89
Total Current Assets 63,600 23.25
Long-term Investments 15,000 5.48
Property, Plant, and Equipment, Net 195,000 71.27
Total Assets $273,600 100.00
Liabilities
Current Liabilities:
Accounts Payable $8,500 3.11
Notes Payable 1,400 0.51
Total Current Liabilities 9,900 3.62
Long-term Liabilities 54,000 19.74
Total Liabilities 63,900 23.36
Stockholders' Equity
Common Stock 161,000 58.85
Retained Earnings 48,700 17.80
Total Stockholders' Equity 209,700 76.64
Total Liabilities and Stockholders' Equity $273,600 100.00