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With reference to the information in p4.2, use a common size vertical analysis to determine the composition of a current assets and current liabilities for

With reference to the information in p4.2, use a common size vertical analysis to determine the composition of a current assets and current liabilities for years 0006 and 0007. Discuss the results. please make sure to show me how to discuss the results.

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Year 0006 Year 0007 Current Assets Cash Credit card receivables Accounts receivable Marketable securities Inventories Prepaid expenses Total Current Assets $12,778 2,442 580 12,000 6,100 2.400 $36,300 $17,765 2.815 420 16,000 7,100 2,600 $46.700 Current Liabilities Year 0006 Year 0007 Accounts payable Accrued expenses payable Taxes payable Interest payable Current mortgage payable Total Current Liabilities 10,410 3,760 6,800 500 11,200 $32,670 $12,400 6,200 8,400 800 9,900 $37.700

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