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Prepare a vertical analysis of the 2017 income statement data for Crane Company and Sheridan Company. (Round a Condensed Income Statement For the Year Ended

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Prepare a vertical analysis of the 2017 income statement data for Crane Company and Sheridan Company. (Round a Condensed Income Statement For the Year Ended December 31, 2017 Crane Company Sheridan Company Dollars Dollars 96 $596,000 % 291,000 % 305,000 89,000 % 216,000 Percent Percent V$1,855,000 1,063,000 792,000 V265,000 527,000 8,600 518,400 74,900 $%443,500 3,200 % 212,800 35,000 % $177,800

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