Using the following data from the comparative balance sheet of Rodenbeck company
ID: 2359061 • Letter: U
Question
Using the following data from the comparative balance sheet of Rodenbeck company, illustrate vertical analysis. Round percentages to 1 decimal place, e.g. 10.5
December 31, 2011 December 31, 2010
Accounts receivable $536,590 $386,090
Inventory $854,760 $606,700
Total Assets $3,022,800 $2,426,800
Vertical Analysis
December 31, 2011
Amounts Percentages
Accounts Receivable $____________ _____________
Inventory $____________ _____________
Total Assets $____________ _______________
December 31, 2010
Accounts Receivable $_____________ ______________
Inventory $_____________ ______________
Total Assets $_____________ ______________
Explanation / Answer
Dec 31, 2011 Accts Rec 536,590/3,022,800 = 17.8% Inventory 854,760/3,022,800 = 28.3% Total Assets = 100% Dec 31, 2011 Accts Rec 386,090/2,426,800 = 15.9% Inventory 606,700/2,426,800= 25.0% Total Assets = 100%
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