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Using these data from the comparative balance sheets of Sunland Company, perform a vertical analysis. December 31, 2021 December 31, 2022 $460,030 Accounts receivable (net)
Using these data from the comparative balance sheets of Sunland Company, perform a vertical analysis. December 31, 2021 December 31, 2022 $460,030 Accounts receivable (net) $356,250 Inventory 768,430 706,800 Total assets 2,570,000 2,850,000 (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2022 December 31, 2021 Amount Percentage Amount Percentage Accounts receivable (net) $460,030 % $356,250 % Inventory 768,430 % 706,800 % Total assets 2,570,000 % 2,850,000 %
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