Brief Exercise 12-1 Prepare vertical analysis (LO12-1)

Perform a vertical analysis on the following information. (Round your answers to 1 decimal place.)

I need the percents for each.

2018 2017

Amount % Amount %

Cash $420,000 $1,050,000

Accounts receivable 660,000 300,000

Inventory 1,020,000 925,000

Long-term assets 3,900,000 2,725,000

Total assets $6,000,000 $5,000,000