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1. Prepare a vertical analysis of the balance sheet data for 2019 and 2018. Express each amount as a percentage of Round your answers to

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1. Prepare a vertical analysis of the balance sheet data for 2019 and 2018. Express each amount as a percentage of Round your answers to 1 decimal place.) 2019 2018 Amount Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation $2,200,000 1,237,500 3,112,500 7.150,000 (1200.000) $ 12,500,000 17.6 800,000 990,000 1,660,000 7,150,000 (600,000) 100.0$ 10,000,000 9.9 2.5 5.7 (9.6) 0.8 0.9 1.6 7.1 0.6 100.0 Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings S1,250,000 $ 1,512,500 850,000 5,050,000 5,087.500 Total liabilities and stockholders equity S 12.500,000 5,050,000 3,700,000 1000 S 10000,000 100.0

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