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13. Perform a vertical analysis on the following information: (Round your answers to 1 decimal place. Due to rounding, the percentages may not add up
13. Perform a vertical analysis on the following information: (Round your answers to 1 decimal place. Due to rounding, the percentages may not add up to exactly 100%.)
2021 | 2020 | |||||
Cash | $ | 560,000 | $ | 300,000 | ||
Accounts receivable | 990,000 | 730,000 | ||||
Inventory | 700,000 | 520,000 | ||||
Long-term assets | 2,200,000 | 2,600,000 | ||||
Total assets | $ | 4,450,000 | $ | 4,150,000 | ||
2021 2020 Cash Accounts receivable Inventory Long-term assets Total assets
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