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Required Prepare a vertical analysis of both the balance sheets and income statements for 2019 and 2018. Complete this question by entering your answers in

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Required Prepare a vertical analysis of both the balance sheets and income statements for 2019 and 2018. Complete this question by entering your answers in the tabs below Analysis Bal Analysis Inc Sheet Stmt Prepare a vertical analysis of the balance sheets for 2019 and 2018(s may not add exactly due to rounding. Round your answers.to.2, decimal places. he. 2345.should, be.entered as 23.45.. CAMPBELL COMPANY Vertical Analysis of Balance Sheets 2019 2018 Percentage of Total Amount Percentage of Amount Total Assets Current assets 9 $ 12,600 Cash $ 16,300 6,300 Marketable securities 20,300 47,900 Accounts receivable (net) 55,500 144,000 136,200 Inventories 10,300 26,400 Prepaid items 221,100 254,700 Total current assets 20,300 27,800 Investments 271,600 255,700 Plant (net) 30,600 25,600 Land 301,600 330,000 Total long-term assets 522,700 Total assets Liabilities and stockholders' equity Liabilities Current liabilities Notes payable $ 17,000 $ 4,700 Accounts payable 112,400 98,000 Salaries payable 19,400 13,700 Total current liabilities 148,800 116,400 Noncurrent liabilities 98,600 98,600 Bonds payable 25,800 Other 30,400 129,000 124,400 Total noncurrent liabilities 277,800 240,800 Total liabilities Stockholders' equity Preferred stock (par value $10, 4% cumulative, nonparticipating; 7,400 shares authorized and issued) Common stock (no par; 50,000 shares authorized; 10,000 shares issued) 74,000 74,000 74,000 74,000 133,900 158,900 Retained earnings 281,900 306,900 Total stockholders' equity % | $ 522,700 584,700 Total liabilities & stockholders' equity Sheet Stmt Prepare a vertical analysis of an income statements for 2019 and 2018. (Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45.) CAMPBELL COMPANY Vertical Analysis of Income Statements 2019 2018 Amount Percentage of Total Percentage of Amount Revenues %| $ 211,500 Sales (net) 231,500 8,600 5,200 Other revenues 240,100 216,700 Total revenues Expenses 101,400 118,200 Cost of goods sold 48,800 Selling, general, and administrative expense53,700 6,800 6,000 Interest expense 20,800 21,800 Income tax expense 177,000 200,500 Total expenses %| $ 39,700 S 39,600 Net income

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