Complete a vertical analysis of the assets (Round to the nearest tenth of a percent as needed ) a Cash $ 500 b Accounts Receivable 800 c Merchandise Inventory 1,200 d Office Equipment 2,500 Total Assets $5,000 ...

Complete a vertical analysis of the assets. (Round to the nearest tenth of a percent as needed.)

Question:

Complete a vertical analysis of the assets. (Round to the nearest tenth of a percent as needed.)
a. Cash ............ $ 500
b. ...... 800
c. Merchandise Inventory ..... 1,200
d. Office Equipment ...... 2,500
Total Assets .......... $5,000

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...