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Perform a vertical analysis on the following information. (Round your answers to 1 decimal place.) 2021 2020 Amount % Amount Cash $ 218,400 $
Perform a vertical analysis on the following information. (Round your answers to 1 decimal place.) 2021 2020 Amount % Amount Cash $ 218,400 $ 614,400 Accounts receivable 386,400 134,400 Inventory 638,400 534,400 Long-term assets 2,956,800 1,916,800 Total assets $ 4,200,000 100.0 $ 3,200,000 100.0
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Financial Accounting: A Business Process Approach
Authors: Jane L. Reimers
3rd edition
978-013611539, 136115276, 013611539X, 978-0136115274
