2010 Vertical Analysis 2011 Vertical Analysis Horizontal Analysis Asset $172,149.00 100% $181,979.00 100.00% 5.71% cash $3,278.00 1.90% $1,844.00 1.01% -43.75% AR $6,954.00 4.04% $11,807.00 6.49% 69.79% INVT $17,417.00 10.12% $9,628.00 5.29% -44.72% PE $144,500.00 83.94% $158,700.00 87.21% 9.83% Liability $89,810.00 100.00% $111,020.00 100.00% 23.62% AP $9,250.00 10.30% $13,446.00 12.11% 45.36% WAGE $1,110.00 1.24% $650.00 0.59% -41.44% TAX $3,650.00 4.06% $4,124.00 3.71% 12.99% DEBT $75,800.00 84.40% $92,800.00 83.59% 22.43% Equity $82,339.00 100.00% $70,959.00 100.00% -13.82% $82,339.00 100.00% $70,959.00 100.00% Total $172,149.00 $181,979.00 5.71% 2. Calculate the current ratio and the total debt to total assets ratio for 2010 and 2011. Debt to Asset ratio: