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Determine and perform vertical analysis

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Question 1: Using these data from the comparative balance sheet of Ivanhoe Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.)

                             Dec. 31, 2017.                                                    Dec. 31, 2016.

                                  Amount Percentage                                             Amount. Percentage

Accounts receivable.   $ 463,832 %                                            $ 409,480 %

Inventory                    $ 749,026 %                                           $ 624,104 %

Total assets                $3,134,000 %                                           $2,824,000 %

Reference no: EM132489362

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