Using these data from the comparative balance sheets of Bonita Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets (Round percentages to 1 decimal place, e.g. 12.1%.) Accounts receivable (net) Inventory Total assets Amount $435.960 December 31, 2022 $435,960 720,720 December 31, 2022 2,520,000 720,720 2,520,000 Percentage December 31, 2021 $422,800 624,400 % % % 2,800,000 Amount $422,800 624,400 2,800,000 December 31, 2021 Percentage % % %

Using these data from the comparative balance sheets of Bonita Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets (Round percentages to 1 decimal place, e.g. 12.1%.) Accounts receivable (net) Inventory Total assets Amount $435.960 December 31, 2022 $435,960 720,720 December 31, 2022 2,520,000 720,720 2,520,000 Percentage December 31, 2021 $422,800 624,400 % % % 2,800,000 Amount $422,800 624,400 2,800,000 December 31, 2021 Percentage % % %

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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