Question: Perform a vertical analysis on the following information: (Round your answers to 1 decimal place. Due to rounding, the percentages may not add up to
Perform a vertical analysis on the following information: (Round your answers to 1 decimal place. Due to rounding, the percentages may not add up to exactly 100%.) Cash Accounts receivable Inventory Long-term assets Total assets Cash Accounts receivable Inventory Long-term assets Total assets 2021 2020 $ 540,000 $ 250,000 910,000 800,000 700,000 1,900,000 $4,050,000 570,000 2,700,000 $4,320,000 2021 2020
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