Question: Using these data from the comparative balance sheet of Cullumber Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2017

Using these data from the comparative balance sheet of Cullumber Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2017 Amount Percentage Dec. 31, 2016 Amount Percentage Accounts receivable $ 502,000 % $ 373,000 Inventory $792,000 Total assets $3,175,000 de % de % $ 556,000 $2,799,000 de % % do %

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