perform vertical analysis. (Round answers to 1 decimal place, e.g. 15.2.)         December 31, 2020         December 31, 2019       Amount   Percentage     Amount   Percentage   Accounts Receivable   $ 480,000     %   $ 336,000     % Inventory   720,000     %   504,000     % Total Assets   4,000,000     %   2,800,000

Question

Brief Exercise 170

Using these data from the comparative balance sheet of Banner Company, perform vertical analysis. (Round answers to 1 decimal place, e.g. 15.2.)

        December 31, 2020         December 31, 2019  
    Amount   Percentage     Amount   Percentage  
Accounts Receivable   $ 480,000  
 
%   $ 336,000  
 
%
Inventory   720,000  
 
%   504,000  
 
%
Total Assets   4,000,000  
 
%   2,800,000  
 
%
 

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