Question: Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31, 2020 December 31, 2019 Accounts receivable $481,140 $425,600 Inventory

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

December 31, 2020

December 31, 2019

Accounts receivable

$481,140

$425,600

Inventory

750,870

613,200

Total assets

2,430,000

2,800,000

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

December 31, 2020

December 31, 2019

Amount

Percentage

Amount

Percentage

Accounts receivable

$481,140

%

$425,600

%

Inventory

750,870

%

613,200

%

Total assets

2,430,000

%

2,800,000

%

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