ACC231 Uses of Accounting Information I-5 (1) elissa korkis & 06/16/21 12:47 PM Homework: HW #11 (Financial Statement Analysis) Save Score: 0 of 1 pt 4 of 10 (3 complete) HW Score: 21 43%, 2 14 of 10 pts S12-3 (similar to) Question Help Saboda Designs reported the following amounts on its balance sheets at December 31, 2018, 2017 and 2016 (Click the icon to view the data. Sales and profits are bigh Nevertheless, Saboda is experiencing a cash shortage. Perform a vertical analysis of the company's assets at the end of years 2018, 2017 and 2016 Use the analysis to explain the reason for the cash shortage Perform a vertical analysis of Saboda Software's assets at the end of years 2018, 2017 and 2016. (Round your answers to the nearest ona tonth of a percent, XX%) Saboda Designs, Inc. Vertical Analysis Years Ended December 31, 2018, 2017 and 2016 2018 2017 2016 Amount Percent Amount Percent Amount Percent Cash $ 13500 % $ 7.260 % 5 6,645 13.290 4 21,600 % 9.680 96 Receivables, net Inventory 248,400 %% 183.920 137,330 ***** % 95 Prepaid expenses 48,600 207 900 53.240 229.900 44.300 241,435 % Property, plant and equipment, net 5 540,000 100 $ 484,000 100 5 443000 100% Total assets Enter any number in the edit fields and then click Check Answer Clear All Check Answer 1 par remaining