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. 31,2022 Dec.

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. 31,2022 Dec. 31, 2021 Amount Percentage Amount Percentage $348,000 $300,000 Accounts receivable $660,000 $550,000 Inventory % $2,720,000 Total assets $3,100,800

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