Vision Software Limited reported the following amounts on its balance sheets at December 31, 2020,...
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Accounting
Vision Software Limited reported the following amounts on its balance sheets at December 31, 2020, 2019, a E (Click the icon to view the data.) Sales and profits are high. Nevertheless, Vision is experiencing a cash shortage. Perform a vertical analysis (Round "Percent of Total" amounts to two decimal places. Compute each line separately.) Vision Software Inc. Vertical Analysis December 31 2020 2019 Percent Percent Amount of Total Amount of Total Amount % Cash Receivables, net Inventory Prepaid expenses Property, plant and equipment, net 100 100 Total assets % % December 31, 2020, 2019, and 2018 Perform a vertical analysis of Vision Software's assets at the end of yours 2020, 2019 and 2018 Use the analysis to explain the reason for the cash shortage line separately) 2019 Percent 2018 Percent Amount of Total Sunt of Total 96 100 100 i Data Table 2020 2019 2018 Cash $ $ 6,200 $ 5,200 Receivables, net Inventory 6,200 37,000 151,000 2,800 23,000 115,000 2,800 20,000 80,000 1,800 Prepaid expenses Property, plant, and equipment, net 91,000 79,000 82,000 $ 288,000 $ 226,000 $ 189,000 Total assets Print Done



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