Question: Using these data from the comparative balance sheet of K. Leen Company, perform vertical analysis. (Round answers to 1 decimal place, eg. 15.2.) December
Using these data from the comparative balance sheet of K. Leen Company, perform vertical analysis. (Round answers to 1 decimal place, eg. 15.2.) December 31, 2020 December 31, 2019 December 31, 2020 December 31, Percentage Percentage 2019 Accounts Receivable $400,000 % $400,000 % Inventory 864,000 % 600,000 % Total Assets 3,200,000 % 3,000,000 %
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