Use the financial statements for Coleman Company from Problem 13-17B to perform a vertical analysis (based on total assets, total equities, and sales) of both the balance sheets and income statements for 2015 and 2014. Round computations to one decimal point.
In Problem 13-17B, Coleman Company€™s stock is quoted at $16 per share at December 31, 2015 and 2014. Coleman€™s financial statementsfollow.

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COLEMAN COMPANY Statements of Income and Retained Earnings For the Years Ended December 31 In thousands) 2015 2014 Net sales $180,000 $150,000 Expenses Cost of goods sold Selling, general, and administrative expenses Other 147,000 20,000 2,000 169,000 11,000 5,000 6,000 40,000 3,000 1,000 42,000 120,000 18,000 2,000 140,000 10,000 4,000 6,000 38,000 3,000 1,000 40,000 Total expenses Income before income taxes Income taxes Net income Retained earnings at beginning of period Less: Dividends on common stock Dividends on preferred stock Retained earnings at end of period