Question: Brief Exercise 12-1 Prepare vertical analysis (LO12-1) Perform a vertical analysis on the following information. (Round your answers to 1 decimal place.) 2021 2020 Amount

 Brief Exercise 12-1 Prepare vertical analysis (LO12-1) Perform a vertical analysis

Brief Exercise 12-1 Prepare vertical analysis (LO12-1) Perform a vertical analysis on the following information. (Round your answers to 1 decimal place.) 2021 2020 Amount Amount % % Cash Accounts receivable Inventory Long-term assets Total assets 247,500 427,500 697,500 3,127,500 4,500,000 $ 682,500 157,500 595,000 2,065,000 $ 3,500,000 $

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