Using these data from the comparative balance sheet of K. Leen Company, perform vertical analysis. (Round answers to 1 decimal place,
e.g. 15.2.)
December 31, 2020
December 31, 2019
December 31,
2020
Percentage
December 31,
2019
Percentage
Accounts Receivable
$ 400,000
%
$ 400,000
%
%
600,000
%
Inventory
864,000
%
3,000,000
%
Total Assets
3,200,000