Question: Practice Brief Exercise 02 Using these data from the comparative balance sheet of Crane Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g.

 Practice Brief Exercise 02 Using these data from the comparative balance

Practice Brief Exercise 02 Using these data from the comparative balance sheet of Crane Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2020 Amount Percentage Dec. 31, 2019 Amount Percentage Accounts receivable $575,000 % $ 428,000 % Inventory 798,000 % 587,000 % Total assets 3,167,000 % 2,812,000 %

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