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,

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 Dec. 31, 2016 Amount Percentage Amount Percentage Accounts receivable $ 508,000 % $444,000 % Inventory $ 817,000 % $ 580,000 % Total assets $3,159,000 % $2,823,000 %

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