Sokolsky Designs reported the following amounts on its balance sheets at December 31, 2021, 2020,...
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Sokolsky Designs reported the following amounts on its balance sheets at December 31, 2021, 2020, and 2019: (Click the icon to view the data.) Sales and profits are high. Nevertheless, Sokolsky is experiencing a cash shortage. Perform a vertical analysis of the company's assets at the end of years 2021, 2020, and 2019. Use the analysis to explain the reason for the cash shortage. Perform a vertical analysis of Sokolsky Soltwaro's assets at the end of years 2021,2020, and 2019, (Round your answers to the Data table
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