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Financial information for Sheridan Inc. is presented below. (a) Prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base year. (If
Financial information for Sheridan Inc. is presented below. (a) Prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base year. (If amount and percentage are a decrease show the numbers os negative, es 55,000,15.2% or (55,000), (15.2\%). Round percentages to 1 decimal place, eg. 15.2\%) Stockholders' Equity Common stock, \$1 par 177,000118,000 Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $577,892$476,000$
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