Complete a vertical analysis of the assets (Round to the nearest tenth of a percent as needed ) a Cash $ 700 b Accounts Receivable 775 c Merchandise Inventory 850 d Office Equipment 2,400 Total Assets $4,725 ...

Complete a vertical analysis of the assets. (Round to the nearest tenth of a percent as needed.)

Question:

Complete a vertical analysis of the assets. (Round to the nearest tenth of a percent as needed.)
a. Cash ..........................................$ 700
b. .........................775
c. Merchandise Inventory ......................850
d. Office Equipment ......................... 2,400
Total Assets ...................................$4,725
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...