vertical analysis on the following information: (Round your answers to 1 decimal place. Due to rounding, the percentages may not add up to exactly 100%.) 2021 2020 Cash $530,000 $210,000 Accounts receivable 910,000 780,000 Inventory 730,000 580,000 Long-term assets 2,100,000 2,700,000 Total assets $4,270,000 $4,270,000 2021 2020 Cash Accounts receivable Inventory Long-term assets Total assets
vertical analysis on the following information: (Round your answers to 1 decimal place. Due to rounding, the percentages may not add up to exactly 100%.) 2021 2020 Cash $530,000 $210,000 Accounts receivable 910,000 780,000 Inventory 730,000 580,000 Long-term assets 2,100,000 2,700,000 Total assets $4,270,000 $4,270,000 2021 2020 Cash Accounts receivable Inventory Long-term assets Total assets
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Perform a vertical analysis on the following information: (Round your answers to 1 decimal place. Due to rounding, the percentages may not add up to exactly 100%.)
| 2021 | 2020 | |
| Cash | $530,000 | $210,000 |
| Accounts receivable | 910,000 | 780,000 |
| Inventory | 730,000 | 580,000 |
| Long-term assets | 2,100,000 | 2,700,000 |
| Total assets | $4,270,000 | $4,270,000 |
|
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