Question: Prepare a vertical analysis for this condensed balance sheet: Year 2 Year 1 $ 60,000 142,500 195,000 352,500 $56,000 136,000 178,000 252,000 Cash Accounts receivable

Prepare a vertical analysis for this condensed balance sheet:

Year 2 Year 1 $ 60,000 142,500 195,000 352,500 $56,000 136,000 178,000 252,000 Cash Accounts receivable Inventory Property, plant, and equipment Total assets Accounts payable and accrued liabilities Long-term liabilities Shareholders equity Total liabilities and shareholders equity $160,000 $127,500 150,000 412,500 $750,000 462 U00

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