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Using these data from the comparative balance sheets of Sheridan Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets (Round percentages to
Using these data from the comparative balance sheets of Sheridan Company, perform a vertical analysis. Accounts receivable (net) Inventory Total assets (Round percentages to 1 decimal place, eg. 12.1%) December 31, 2022 December 31, 2021 $425,250 $389,200 799,470 641,200 2,430,000 2,800,000 December 31, 2022 December 31, 2021 Amount Percentage Amount Percentage Accounts receivable (net) $425,250 % $389,200 % Inventory Total assets eTextbook and Media 799,470 % 641,200 2,430,000 % 2,800,000 %
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