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