(Solution) - Crafton Software reported the following amounts on its balance sheets -(2025 Original AI-Free Solution)

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Crafton Software reported the following amounts on its balance sheets at December 31, 2016, 2015, and 2014:

Sales and profits are high. Nevertheless, Crafton is experiencing a cash shortage. Perform a vertical analysis of Crafton Softwar's assets at the end of years 2016,2015, and 2014. Use the analysis to explain the reason for the cash shortage.