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Using these data from the comparative balance sheets of Sheridan Company, perform a vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) December 31,
Using these data from the comparative balance sheets of Sheridan Company, perform a vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) December 31, 2025 Amount Percent Accounts receivable (net) $389,340 Inventory $695,250 December 31, 2024 Amount Percent % $339,480 % $590,640 % % di Total assets $3,090,000 % $2,760,000 %
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