Brief Exercise 18-4Using the following data from the comparative balance sheet of Goody Company
Brief Exercise 18-4Using the following data from the comparative balance sheet of Goody Company. December 31, 2015 December 31, 2014Accounts receivable $405,324 $435,168 Inventory $778,122 $616,488 Total assets $2,502,000 $3,022,000 Illustrate vertical analysis. (Round percentages to 1 decimal place, e.g. 12.1%.) December 31, 2015 December 31, 2014Goody CompanyBalance Sheets Amount[…]
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