Question: Using these data from the comparative balance sheets of Concord Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets December 31, 2022

Using these data from the comparative balance sheets of Concord Company, perform

Using these data from the comparative balance sheets of Concord Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets December 31, 2022 December 31, 2021 $418,320 $425,250 816,720 787,500 2,490,000 3,150,000 (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2022 December 31, 2021 Amount Percentage Amount Percentage % $425,250 % Accounts receivable (net) $418,320 Inventory 816,720 Total assets % 787,500 % 2,490,000 % 3,150,000 %

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