Complete the vertical analysis and horizontal analysis of the comparative balance sheet for Seymour's, LLC. Express percents to the nearest tenth of a percent?

Transcribed Image Text:

Seymour's Organics, LLC. Comparative Balance Sheet December 31, 2012 and 2013 Increase (decrease) Percent of total assets 2013 2012 Amount Percent 2013 2012 Assets Current assets Cash Accounts receivable Merchandise inventory Total assets Liabilities Current liablies Accounts payable Wages payable Total liabilities Owner's equity James Seymour, capital Total liabilities and owner's equity $2,374 5,374 15,589 $2,184 4,286 16,107 $7,384 1,024 S6,118 964 14,929 15,495