Question: Brief Exercise 18-05 Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31, 2020 December 31, 2019 Accounts receivable
Brief Exercise 18-05 Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31, 2020 December 31, 2019 Accounts receivable Inventory Total assets $457,460 873,800 2,570,000 $445,060 676,260 2,890,000 (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2020 December 31, 2019 Amount $457,460 873,800 2,570,000 Percentage Amount Percentage Accounts receivable % $445,060 %676,260 2,890,000 Inventory Total assets
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