Question: Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31, 2020 December 31, 2019 Accounts receivable $485,560 $426,140 Inventory

Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis.

December 31, 2020

December 31, 2019

Accounts receivable

$485,560

$426,140

Inventory

807,640

606,320

Total assets

2,440,000

2,860,000

(Round percentages to 1 decimal place, e.g. 12.1%.)

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