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Required: 1. Prepare a vertical analysis of the balance sheet data for Year 2 and Year 1. Express each amount as a percentage of total

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Required: 1. Prepare a vertical analysis of the balance sheet data for Year 2 and Year 1. Express each amount as a percentage of total assets. (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place.) COMPANYA Balance Sheet December 31 Year 1 Year 2 Amount % Amount $ 2,310,000 1,305,000 4.005.000 Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total abilities and stockholders' equity $ 840,000 1,044,000 2,136,000 8,580,000 (600,000) $ 12,000,000 8,580,000 (1.200,000) $ 15,000,000 $ 1,380,000 $ 1,725.000 1,230.000 4.920,000 7,125,000 $ 15,000,000 4,920,000 5,700,000 $ 12,000,000

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