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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.) COMPANY A Balance Sheet December 31 Year 2 Amount Year 1 Amount 1 Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earrings Total liabilities and stockholders' equity $ 2220,000 1,530.000 3,675.000 9,525,000 (1.950.000) $ 15,000,000 $ 1,000,000 1.200,000 1,750,000 9,525,000 (975,000) $ 12,500,000 int rences $ 1.200,000 $ 1.500.000 990,000 6,900.000 5.610.000 $ 15,000,000 6.900.000 4.400,000 $ 12.500.000

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