Question 4 of 6
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Using the data from the comparative balance sheets of Oriole Company, perform vertical analysis. (Round percentages to 1 decimal
place, e.g. 12.5%).
Dec. 31, 2022
Dec. 31, 2021
Amount
Percentage
Amount
Percentage
Accounts receivable
$445,650
%
$ 432,140
%
Inventory
772,460
%
599,420
%
Total assets
2,971,000
% 2,788,000
%