Using These Data from the Comparative Balance Sheet of Banner

question 38

Essay

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

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Definitions:

Fossil Record

The collection of all known fossils and their placement in order, which provides evidence about the history of life on Earth.

Bipedal

Bipedalism refers to the ability of an organism to walk on two legs, a key feature that distinguishes humans and their ancestors from most other primates.

Homo Neanderthalensis

An extinct species of human that lived alongside early homo sapiens, characterized by robust build and distinct skull features.

Fossil Record

The total number of fossils that have been discovered, as well as the information derived from them, providing evidence about the history of life on Earth.