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Using these data from the comparative balance sheet of Ramirez Company, perform vertical analysis: Dec 31,2014 Dec 31,2013 Amount Percentage Amount Percentage Accounts receivable 504,700
Using these data from the comparative balance sheet of Ramirez Company, perform vertical analysis:
| Dec 31,2014 | Dec 31,2013 | |||
|---|---|---|---|---|
| Amount | Percentage | Amount | Percentage | |
| Accounts receivable | 504,700 | 420,000 | ||
| Inventory | 745,900 | 633,600 | ||
| Total assets | 3,167,600 | 2,765,800 |
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
