Question: Using these data from the comparative balance sheets of Cullumber Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31,
Using these data from the comparative balance sheets of Cullumber Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2022 Dec. 31, 2021 Amount Percentage Amount Percentage % $382,980 % Accounts receivable (net) $474,544 Inventory 727,426 % 645,174 % Total assets 3,122,000 % 2,946,000 %
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