Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31,...

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Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31,...

Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis.

	December 31, 2020	December 31, 2019
Accounts receivable	$481,140	$425,600
Inventory	750,870	613,200
Total assets	2,430,000	2,800,000

(Round percentages to 1 decimal place, e.g. 12.1%.)

	December 31, 2020				December 31, 2019
		Amount	Percentage			Amount	Percentage
Accounts receivable		$481,140		%		$425,600		%
Inventory		750,870		%		613,200		%
Total assets		2,430,000		%		2,800,000		%

business accounting

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Answer 1

Answer #1

Particulars Accounts Receivable Inventory Total Assets Vertical Analysis 31st Dec 2020 31st Dec 2019 481140 19.8% 425600 15.2

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Answer 2

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