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Perform a vertical analysis for the balance sheet entry Accounts Receivable given below. (Round to the nearest tenth) Assets Current Assets Cash $23,000 Accounts Receivables

Perform a vertical analysis for the balance sheet entry "Accounts Receivable" given below. (Round to the nearest tenth)

Assets

Current Assets

Cash

$23,000

Accounts Receivables

16,000

Merchandise Inventory

50,000

Supplies

2,500

Total Current Assets

91,500

Property, Plant, and Equipment

Machinery and Equipment

23,000

Total Assets

$114,500

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