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 2023
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 $ 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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