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Using these data from the comparative balance sheet of Sheridan Company, perform vertical analysis. (Round percentages to 1 decimal place, eg. 12.5%) Dec. 31,
Using these data from the comparative balance sheet of Sheridan Company, perform vertical analysis. (Round percentages to 1 decimal place, eg. 12.5%) Dec. 31, 2022 Amount Percentage Accounts receivable $535,500 Inventory $861,000 Dec. 31, 2021 Amount Percentage % $450,000 % $700,000 % % Total assets $3,357,900 % $2,870,000 %
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen and Peter Brewer
14th edition
978-007811100, 78111005, 978-0078111006
