Question: Comparative financial statement data for Wildhorse Ltd. and Blossom Ltd, two competitors, follow Wildhorse Ltd. Blossom Ltd. 2024 2023 2024 2023 Net sales $1,230,000
Comparative financial statement data for Wildhorse Ltd. and Blossom Ltd, two competitors, follow Wildhorse Ltd. Blossom Ltd. 2024 2023 2024 2023 Net sales $1,230,000 $905,000 Cost of goods sold 408,000 624,000 Operating expenses Interest expense Income tax expense Current assets 72,000 71,000 2.200 2,300 15,460 6,500 Capital assets (net) 1,109,000 1.758,000 1.658,000 $1,003,000 305.000 $180,000 646.250 515,000 Current liabilities 273,000 904,000 94,400 75,000 Long-term liabilities 785,000 666,000 134,000 94,000 Share capital 979.715 894,000 380,000 373,000 Retained earnings 829.285 197,000 342.850 153,000 (a) Prepare a common-size analysis of the 2024 statement of income data for Wildhorse Ltd. and Blossom Ltd. (Round percentage answers to 1 decimal place, eg. 15.1%) Wildhorse Blosso
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