Max's Tire Center Company

Max's Tire Center Company
Selected data from the financial statements of Max's Tire Center are provided below.

- Refer to the selected data provided for Max's Tire Center. Which of the following would result from a vertical analysis of Max's balance sheet in 2012?

A) Net accounts receivable increased by $12,300 or 28.47% during 2012.
B) Net accounts receivable decreased by $12,300 or 28.47% during 2012.
C) Net accounts receivable is 6% of total assets in 2012.
D) Net accounts receivable is 12% of total assets in 2012.