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.) % % Cash
Brief Exercise 12-1 Prepare vertical analysis (LO12-1) Perform a vertical analysis on the following information (Round your answers to 1 decimal place.) % % Cash Accounts receivable Inventory Long-term assets Total assets 2021 Amount $ 420,000 660,000 1.020,000 3,900,000 $ 6,000,000 2020 Amount $ 1,050,000 300,000 925,000 2,725,000 $ 5,000,000
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