Question: Using the data from the comparative balance sheets of Oriole Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%) Dec. 31, 2022
Using the data from the comparative balance sheets of Oriole Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%) Dec. 31, 2022 Amount Percentage Dec. 31, 2021 Amount Percentage Accounts receivable $522,400 % $379,140 Inventory 786,865 664,830 %6 Total assets 3,265,000 % 2,670,000 96
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