Question: Week 5 Assignment #1 Complete the Vertical Analysis for Bertie's Restaurant. Remember in Vertical Analysis, of a balance sheet each asset is divided by

Week 5 Assignment #1 Complete the Vertical Analysis for Bertie's Restaurant. Remember

Week 5 Assignment #1 Complete the Vertical Analysis for Bertie's Restaurant. Remember in Vertical Analysis, of a balance sheet each asset is divided by total assets X 100. (20 Points) Bertie's Restaurant Balance Sheet December 31, This Year I $ ASSETS Current Assets Cash 57,317 Marketable Securities 130,769 Net Receivables 80,000 Inventories 34,545 Total Assets 1,262,127 % Question: (5 Points) Bertie is seeking a loan from the bank which has a standard that the cash % should be more than 6%. Should Bertie receive the loan? Why or why not?

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