Question: I am confused on how to do this Using the data from the comparative balance sheets of Blossom Company, perform vertical analysis. (Round percentages to
Using the data from the comparative balance sheets of Blossom Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%) Dec. 31, 2022 Dec. 31, 2021 Amount Percentage Amount Percentage Accounts receivable $420,948 $387,150 Inventory 711,147 582,060 Total assets 3,189,000 2,670,000 % %
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