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Using the following selected items from the comparative balance sheet of Cullumber Company, illustrate horizontal (using 2020 as the base year) and vertical analysis. (Round

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Using the following selected items from the comparative balance sheet of Cullumber Company, illustrate horizontal (using 2020 as the base year) and vertical analysis. (Round vertical analysis to 1 decimal place, es. 15.2) HORIZONTAL ANALYSIS December 31 2021 December 31, 2020 VERTICAL ANALYSIS December 31 December 31 2021 2020 109.1 % 100 % % 225 96 124,3 % 100 % %6 106.7 % 100 % OK % % Using the following selected items from the comparative balance sheet of Cullumber Company, illustrate horizontal (using 2020 as the base year) and vertical analysis. (Round vertical analysis to 1 decimal place, e.g. 15.2.) HORIZONTAL ANALYSIS December 31, 2021 December 31, 2020 December 31 2021 December 31, 2020 Accounts Receivable $722.250 $662.200 109.1 %6 100 96 452,610 364.210 Inventory 124,3 % 100 % 3,010,000 106,7 3.210,000 100 % Total Assets 96

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