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Using These Data from the Comparative Balance Sheet of Banner

Question 38

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Using these data from the comparative balance sheet of Banner Company perform vertical analysis.  December 31, 2017 December 31, 2016 Accounts receivable $480,000$336,000 Inventory 720,000504,000 Total assets 4,000,0003,000,000\begin{array}{lcc}&\text { December 31, } 2017 &\text { December 31, } 2016\\\text { Accounts receivable } & \$ 480,000 & \$ 336,000 \\\text { Inventory } & 720,000 & 504,000 \\\text { Total assets } & 4,000,000 & 3,000,000\end{array}

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