Question
Using these data from the comparative balance sheets of Concord Company, performa vertical analysis. December 31, 2022 December 31, 2021 Accounts receivable (net) $418,320
Using these data from the comparative balance sheets of Concord Company, performa vertical analysis. December 31, 2022 December 31, 2021 Accounts receivable (net) $418,320 $425,250 Inventory 816,720 787,500 Total assets 2,490,000 3,150,000 (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2022 December 31, 2021 Amount Percentage Amount Percentage Accounts receivable (net) $418,320 $425,250 Inventory 816,720 787,500 Total assets 2,490,000 3,150,000
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Financial Accounting: A Business Process Approach
Authors: Jane L. Reimers
3rd edition
978-013611539, 136115276, 013611539X, 978-0136115274
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