Question: Using these data from the comparative balance sheet of Ramirez Company, perform vertical analysis Dec 31,2014 Dec 31,2013 Amount Percentage Amount Percentage Accounts receivable 542,100
Using these data from the comparative balance sheet of Ramirez Company, perform vertical analysis
| Dec 31,2014 | Dec 31,2013 | |||
|---|---|---|---|---|
| Amount | Percentage | Amount | Percentage | |
| Accounts receivable | 542,100 | 425,100 | ||
| Inventory | 767,900 | 599,400 | ||
| Total assets | 3,146,900 | 2,704,200 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
