Question: Perform a vertical analysis on the following information. (Round your answers to 1 decimal place.) 2021 2020 Amount % Amount Cash $ 218,400 $

Perform a vertical analysis on the following information. (Round your answers to

Perform a vertical analysis on the following information. (Round your answers to 1 decimal place.) 2021 2020 Amount % Amount Cash $ 218,400 $ 614,400 Accounts receivable 386,400 134,400 Inventory 638,400 534,400 Long-term assets 2,956,800 1,916,800 Total assets $ 4,200,000 100.0 $ 3,200,000 100.0

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