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 %

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 % $ Cash Accounts receivable Inventory Long-term assets Total assets Amount $ 200,000 360,000 600,000 2,840,000 $ 4,000,000 570,000 120,000 495,000 1,815,000 $ 3,000,000

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