Question
Using these data from the comparative balance sheet of Oriole Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2022
Using these data from the comparative balance sheet of Oriole Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2022 Dec. 31, 2021 Amount Percentage Amount Percentage Accounts receivable $ 503,100 Enter a value in percentages rounded to 1 decimal place. % $ 430,000 Enter a value in percentages rounded to 1 decimal place. % Inventory $ 822,800 Enter a value in percentages rounded to 1 decimal place. % $ 680,000 Enter a value in percentages rounded to 1 decimal place. % Total assets $3,277,500 Enter a value in percentages rounded to 1 decimal place. % $2,850,000 Enter a value in percentages rounded to 1 decimal place.
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