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Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31,...

Using these data from the comparative balance sheet of Rollaird Company, perform vertical analysis. December 31, 2020 December 31, 2019 Accounts receivable $384,000 $336,000 Inventory 672,000 560,000 Total assets 2,400,000 2,800,000 (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2020 December 31, 2019 Amount Percentage Amount Percentage Accounts receivable $384,000 % $336,000 % Inventory 672,000 % 560,000 % Total assets 2,400,000 % 2,800,000 %

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December 31, 2020 December 31, 2019
Amount % Working Amount % Working
Accounts receivables $384,000 16.0% $ 384000 / $ 2400000 $336,000 12.0% $ 336000 / $ 2800000
Inventory $672,000 28.0% $ 672000 / $ 2400000 $560,000 20.0% $ 560000 / $ 2800000
Total Assets $2,400,000 100.0% $ 2400000 / $ 2400000 $2,800,000 100.0% $ 2800000 / $ 2800000
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