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Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31, 2020 December 31, 2019 Accounts receivable $483,840 $412,720 Inventory
Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31, 2020 December 31, 2019 Accounts receivable $483,840 $412,720 Inventory 819,200 634,480 Total assets 2,560,000 3,080,000 (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2020 December 31, 2019 Amount Percentage Amount Percentage Accounts receivable $483,840 % $412,720 % Inventory 819,200 % 634,480 % Total assets 2,560,000 % 3,080,000 %
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