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Using these data from the comparative balance sheet of Sheridan Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%) Dec. 31,
Using these data from the comparative balance sheet of Sheridan Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%) Dec. 31, 2022 Dec. 31, 2021 Amount Percentage Amount Percentage Accounts receivable $450,808 5.7 % $392,535 5.9 Inventory $685,350 34 % $573,705 3.7 Total assets $3,046,000 % $2,745,000
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Financial Accounting A Critical Approach
Authors: John Friedlan
4th edition
1259066525, 978-1259066528
