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Using these data from the comparative balance sheets of Pharoah Company, perform a vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) December 31,

Using these data from the comparative balance sheets of Pharoah Company, perform a vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.)

December 31, 2025

December 31, 2024

Amount

Percent

Amount

Percent

Accounts receivable (net)

$ 516,360

%

$ 440,440

%

Inventory

$ 840,740

%

$ 689,260

%

Total assets

$3,310,000

%

$2,860,000

%

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