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.) 2018 2017 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.) 2018 2017 Amount Amount Cash Accounts receivable Inventory Long-term assets $420,000 660,000 1,020,000 3,900,000 $ 6,000,000 S 1,050,000 300,000 925,000 2,725,000 S 5,000,000 Total assets

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