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.) I need the
Brief Exercise 12-1 Prepare vertical analysis (LO12-1)
Perform a vertical analysis on the following information. (Round your answers to 1 decimal place.)
I need the percents for each.
2018 2017
Amount % Amount %
Cash $420,000 $1,050,000
Accounts receivable 660,000 300,000
Inventory 1,020,000 925,000
Long-term assets 3,900,000 2,725,000
Total assets $6,000,000 $5,000,000
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