Using these data from the comparative balance sheets of Concord Company, performa vertical analysis. December 31,...
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Using these data from the comparative balance sheets of Concord Company, performa vertical analysis. December 31, 2022 December 31, 2021 Accounts receivable (net) $418,320 $425,250 Inventory 816,720 787,500 Total assets 2,490,000 3,150,000 (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2022 December 31, 2021 Amount Percentage Amount Percentage Accounts receivable (net) $418,320 $425,250 Inventory 816,720 787,500 Total assets 2,490,000 3,150,000 Using these data from the comparative balance sheets of Concord Company, performa vertical analysis. December 31, 2022 December 31, 2021 Accounts receivable (net) $418,320 $425,250 Inventory 816,720 787,500 Total assets 2,490,000 3,150,000 (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2022 December 31, 2021 Amount Percentage Amount Percentage Accounts receivable (net) $418,320 $425,250 Inventory 816,720 787,500 Total assets 2,490,000 3,150,000
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Related Book For
Financial Accounting: A Business Process Approach
ISBN: 978-0136115274
3rd edition
Authors: Jane L. Reimers
Posted Date:
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