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%.)

2021 2020
Cash $ 570,000 $ 250,000
Accounts receivable 910,000 720,000
Inventory 730,000 550,000
Long-term assets 1,900,000 2,500,000
Total assets $ 4,110,000 $ 4,020,000

2021 2020
Cash
Accounts receivable
Inventory
Long-term assets
Total assets

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