Question: Current Attempt in Progress Using these data from the comparative balance sheets of Pharoah Company, perform a vertical analysis. Accounts receivable (net) Inventory Total

Current Attempt in Progress Using these data from the comparative balance sheets

Current Attempt in Progress Using these data from the comparative balance sheets of Pharoah Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets December 31, 2022 December 31, 2021 $435,960 $422,800 720,720 624,400 2,520,000 2,800,000 (Round percentages to 1 decimal place, eg. 12.1%) December 31, 2022 December 31, 2021 Amount Percentage Amount Percentage Accounts receivable (net) $435,960 % $422,800 % Inventory % 624,400 % 720,720 Total assets 2,520,000 % 2,800,000 %

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