e httpsedugen wileypkscome Briel I xercise 13 5 thing these

| e https//edugen wileypks.come Briel I xercise 13 5 thing these dafrom the comparative balance sheet of Crane company, perform vertical analy is. (noind percentages to 1 decinmal place, e.g. 12.5) Amount Percentage Amoant Percentage Accounts recelvable 575,000 tnventory Total assets Click if you would like to Show Work for this geestion: Open shWrk % 428,000 $587,000 % $2,812,000 798,000 $3,167,000 Question Attempts: O of 3 wsed SAVE FOR LATER SAUB o search 8 FIGH

Solution

31-Dec-17 31-Dec-16 Calculation Particulars Amount Percentage Calculation Particulars Amount Percentage A = 575000/3167000 Accounts receivable       575,000 18.16% A = 425000/2812000 Accounts receivable       425,000 15.11% B = 798000/3167000 Inventory       798,000 25.20% B = 587000/2812000 Inventory       587,000 20.87% C = 3167000/3167000 Total Assets    3,167,000 100.00% C = 2812000/2812000 Total Assets    2,812,000 100.00%