Question: Calculate the 2022 Vertical Analysis Inventory in % using total assets as your base. Fill in the numerator and denominator using the financial statements


Calculate the 2022 Vertical Analysis "Inventory" in % using total assets as 
your base. Fill in the numerator and denominator using the financial statements 

Calculate the 2022 Vertical Analysis "Inventory" in % using total assets as your base. Fill in the numerator and denominator using the financial statements provided (no symbols or commas) and the answer should be in a XX.XX format: Blank 1; + Blank 2: = Blank 3% Balance Sheet Dec 31st Current Assets Investments Cash and cash equivalents Accounts receivable (net) Northside Medical 2021 and 2022 Financial Statements Amounts in thousands of dollars 330 470 Inventory 460 Prepaid expenses 120 Total current assets 1,380 Property, plant, and equipment Intangibles and other assets Total assets Current liabilities Example 2022 2021 Cash and cash equivalents Total assets 900 790 Long-term liabilities 410 380 Stockholder's equity - common 1,030 1,040 Total liabilities and stockholder's equity For an accessible version, see the Excel spreadsheet. 10 10 420 380 530 510 2.340 2.210 360 400 390 160 1,310 2,340 2,210 2022 $330 $2,340 Income Statement Dec 31st Sales Revenue Costs and expenses Cost of goods sold Selling and Administrative expenses Interest expense Total costs and expenses Income before income taxes Income tax expense Net Income Cash Assets 0.1410 2022 2021 3,800 955 3,460 2,400 2,330 25 3,380 890 14.10% 20 3,240 420 220 126 66 294 154 Update to %

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