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Question 5 of 5 > View Policies -/1 Current Attempt in Progress Comparative financial statement data for Ivanhoe Corporation and Sarasota Corporation, two competitors,
Question 5 of 5 > View Policies -/1 Current Attempt in Progress Comparative financial statement data for Ivanhoe Corporation and Sarasota Corporation, two competitors, appear below All balance sheet data are as of December 31, 2022 Ivanhoe Corporation Sarasota Corporation 2022 2022 Net sales $2,340,000 $806,000 Cost of goods sold 1,527,500 442,000 Operating expenses 367,900 127,400 Interest expense 11.700 4.940 29 Income tax expense 110.500 46.800 3 Current assets 431.115 197,240 Plant assets (net) 691,600 181646 Current liabilities 86.223 43,831 Long-term liabilities 141050 52,889 (a)
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