accounting-Using these data from the comparative balance sheet of Rosalez Company

QUESTION

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

Dec. 31, 2012

Dec. 31, 2011

Amount

Percentage

Amount

Percentage

Accounts receivable

$ 496,800

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%

$ 422,400

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%

Inventory

$ 747,400

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%

$ 564,900

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%

Total assets

$3,160,900

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%

$2,828,900

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%

ANSWER:

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