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Prepare a vertical analysis of the 2022 Income statement data for Bramble company and Marle Company. Here are comparative financial statement data for Bramble Company

Prepare a vertical analysis of the 2022 Income statement data for Bramble company and Marle Company.

Here are comparative financial statement data for Bramble Company and Maria Company, two competitors. All data are as of December 31, 2022, and December 31, 2021.



Bramble Company
Maria Company


2022
2021
2022
2021
Net sales
$1,824,000


$559,000

Cost of goods sold
1,050,624


296,829

Operating expenses
269,952


79,937

Interest expense
7,296


4,472

Income tax expense
54,720


6,708

Current assets
329,000
$312,100
82,300
$78,900
Plant assets (net)
520,800
499,700
140,700
125,100
Current liabilities
65,000
74,200
34,400
29,000
Long-term liabilities
108,400
92,000
30,800
25,200
Common stock, $10 par
495,500
495,500
122,500
122,500
Retained earnings
180,900
150,100
35,300
27,300

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