Using these data from the comparative balance sheets of Concord Company, perform a vertical analysis. Accounts...
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Using these data from the comparative balance sheets of Concord Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets December 31, 2022 December 31, 2021 $418,320 $425,250 816,720 787,500 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 % $425,250 % Accounts receivable (net) $418,320 Inventory 816,720 Total assets % 787,500 % 2,490,000 % 3,150,000 % Using these data from the comparative balance sheets of Concord Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets December 31, 2022 December 31, 2021 $418,320 $425,250 816,720 787,500 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 % $425,250 % Accounts receivable (net) $418,320 Inventory 816,720 Total assets % 787,500 % 2,490,000 % 3,150,000 %
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