Question: Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31, 2019 December 31, 2020 $452,500 Accounts receivable $394,380 822,500
Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31, 2019 December 31, 2020 $452,500 Accounts receivable $394,380 822,500 776,240 Inventory Total assets 2,500,000 3,130,000 (Round percentages to 1 decimal place, e.g. 12.1%) December 31, 2020 December 31, 2019 Amount Percentage Amount Percentage Accounts receivable $ 452,500 % $ 394.380 % Inventory 822,500 % 776,240 % se Total assets 2,500,000 % 3,130,000 os %
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