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Perform a Vertical Analysis on the Following Information

Question 111

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Perform a vertical analysis on the following information:
20132012 Cash $500,000$200,000 Accounts receivable 900,000800,000 Inventory 700,000500,000 Long-term assets 2,200,0002,500,000 Total assets $4,300,000$4,000,000\begin{array}{|l|r|r|}\hline&2013&2012\\\hline \text { Cash } & \$ 500,000 & \$ 200,000 \\\hline \text { Accounts receivable } & 900,000 & 800,000 \\\hline \text { Inventory } & 700,000 & 500,000 \\\hline \text { Long-term assets } & 2,200,000 & 2,500,000 \\\hline \text { Total assets } & \$ 4,300,000 & \$ 4,000,000\\\hline\end{array}

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