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5 of 10 View Policies Show Attempt History < > Current Attempt in Progress Your answer is partially correct. Using the following selected items from

5 of 10 View Policies Show Attempt History < > Current Attempt in Progress Your answer is partially correct. Using the following selected items from the comparative balance sheet of Sheridan Products Determine the horizontal analysis. (Round percentages to 2 decimal places, eg 12.21% Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) SHERIDANPRODUCTS Comparative Balance Sheet December 31 2014 Horizontal analysis Amount Percentage Amount Current assets $109,296 89.12 % $122,636 2013 Percentage 100 % Long-term assets 168,912 14445 % 116.932 100 % Total assets 3,312,000 116.13 % 2.852.000 100 % Determine the vertical analysis. (Round percentages to 1 decimal place, eg. 12.2%) SHERIDANPRODUCTS Comparative Balance Sheet December 31 2014 2013 Vertical analysis Amount Percentage Amount Percentage Current assets $109,296 33 % $122,636 4.3 % Long-term assets 168,912 5.1 % 116,932 41 % Total assets 3,312,000 100 % 2.852.000 100 eTextbook and Media List of Accounts

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