Question: Brief Exercise 14-4 Using the following data from the comparative balance sheet of Goody Company. Accounts receivable Inventory Total assets December 31, 2015 $466,992 $743,634

Brief Exercise 14-4 Using the following data from the comparative balance

Brief Exercise 14-4 Using the following data from the comparative balance sheet of Goody Company. Accounts receivable Inventory Total assets December 31, 2015 $466,992 $743,634 $2,538,000 December 31, 2014 $394,880 $777,420 $3,085,000 Illustrate vertical analysis. (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2015 December 31, 2014 Goody Company Balance Sheets Percentage Amount Percentage Amount $466,992 Accounts receivable $394,880 Inventory $743,634 $777,420 Total assets $2,538,000 % $3,085,000 LINK TO TEXT

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