Question: Using these data from the comparative balance sheet of Blossom Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31,

Using these data from the comparative balance sheet of Blossom Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2016 Dec. 31, 2017 Amount Percentage Amount Accounts receivable $ 513,480 % $ 440,640 % $ 578,340 Inventory $ 678,416 Total assets $3,112,000 % $2,754,000 Percentage % % %

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