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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 $384,000 $336,000 Inventory
Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31, 2020 December 31, 2019 Accounts receivable $384,000 $336,000 Inventory 672,000 560,000 Total assets 2,400,000 2,800,000 (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2020 December 31, 2019 Amount Percentage Amount Percentage Accounts receivable $384,000 % $336,000 % Inventory 672,000 % 560,000 % Total assets 2,400,000 % 2,800,000 %
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