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Consider the following information: Cash Accounts receivable Inventory Long-term assets Total assets 2024 $520,000 950,000 730,000 2,200,000 $4,400,000 Cash Accounts receivable Inventory Long-term assets Total

Consider the following information: Cash Accounts receivable Inventory Long-term assets Total assets 2024 $520,000 950,000 730,000 2,200,000 $4,400,000 Cash Accounts receivable Inventory Long-term assets Total assets Required: Perform a vertical analysis for both years. (Round each percentage to one decimal place. Due to rounding, the percentages may not add up to exactly 100%.) 2024 2023 $270,000 780,000 510,000 % % % % % 2,900,000 $4,460,000 2023 % % % % %
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Consider the following information: Required: Perform a vertical analysis for both years. (Round each percentage to one decimal place. Due to rounding, the percentages may not add up to exactly 100%.)

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