Question
Using these data from the comparative balance sheets of Cullumber Company, perform a vertical analysis. December 31, 2022 December 31, 2021 Accounts receivable (net)
Using these data from the comparative balance sheets of Cullumber Company, perform a vertical analysis. December 31, 2022 December 31, 2021 Accounts receivable (net) Inventory Total assets (Round percentages to 1 decimal place, e.g. 12.1%.) $448,920 $467,200 771,420 656,000 2,580,000 3,200,000 December 31, 2022 December 31, 2021 Amount Percentage Amount Percentage Accounts receivable (net) $448,920 % $467,200 % Inventory 771,420 % 656,000 % Total assets eTextbook and Media Save for Later 2,580,000 3,200,000 % Attempts: 0 of 3 used Submit Answer
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