Perform a vertical analysis on the following information. _____________________________2012...........2011 Cash..................................$ 300,000......$ 800,000 Accounts receivable..................500,000.......200,000 Inventory...............................800,000.......700,000 Long-term assets.....................3,400,000.....2,300,000
Question:
Perform a vertical analysis on the following information.
_____________________________2012...........2011
Cash..................................$ 300,000......$ 800,000
Accounts receivable..................500,000.......200,000
Inventory...............................800,000.......700,000
Long-term assets.....................3,400,000.....2,300,000
Total assets.........................$5,000,000...$4,000,000
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2012 2011 Amount Amount Cash 300000 60 800...View the full answer
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Related Book For 
Financial Accounting
ISBN: 9780078110825
2nd Edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
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