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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, 2017 December 31, 2016
December 31, 2017 Percentage December 31, 2016 Percentage
Accounts-
Receivable $400,000 $400,000
Inventory 864,000 600,000
Total Assets 3,200,000 3,000,000
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Using these data from the comparative balance sheet of K. Leen Company, perform vertical analysis. (...
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