Question: Brief Exercise 12-1 (Algo) Prepare vertical analysis (LO12-1) Perform a vertical analysis on the following information. (Round your answers to 1 decimal place.) 2024
Brief Exercise 12-1 (Algo) Prepare vertical analysis (LO12-1) Perform a vertical analysis on the following information. (Round your answers to 1 decimal place.) 2024 2023 Amount % Amount % Cash $ 407,100 $ 1,024,100 Accounts receivable 643,100 289,100 Inventory 997,100 901,600 Long-term assets 3,852,700 2,685,200 Total assets $ 5,900,000 $ 4,900,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
