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Assets Wildhorse Corporation Statement of Financial Position As at December 31 2024 2023 Cash $25.950 $17.540 Accounts receivable 69.200 52,620 Inventory 121.100 140.320 Property,
Assets Wildhorse Corporation Statement of Financial Position As at December 31 2024 2023 Cash $25.950 $17.540 Accounts receivable 69.200 52,620 Inventory 121.100 140.320 Property, plant, and equipment (net) 423.850 491.120 Other assets 224.900 175.400 $865.000 $877,000 Liabilities and Shareholders' Equity Current liabilities $95.150 $52.620 Long-term debt 181.650 236.790 Share capital-common shares 552.510 552.510 Retained earnings 35.690 35.080 $865.000 $877.000 Wildhorse Corporation Statement of Income For the Year Ended December 31 2024 2023 Sales $696,000 $805,000 Cost of goods sold 452,400 564,305 Gross profit 243,600 240,695 Other expenses 167,040 208,495 Income before income taxes 76,560 32,200 Income tax expense 22.968 9,660 Net income $53,592 $22.540 Prepare a common size analysis for 2024 and 2023 of the statement of financial position and statement of income. (Round answers to 1 decimal place, e.g. 15.2%)
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