Course Content - 212-ACCT-210 X + NWP Assessment Builder Ul App X NWP Assessment Player Ul Appli X vas/ui/V2/assessment-player/index.html?launchid=5753cb42-919c-404c-847c-56977da25b9c#/question/7 -/9 Question 8 of 9 ili Here are comparative financial statement data for Oriole Company and Pharoah Company, two competitors. All data are as of December 31, 2022, and December 31, 2021 Oriole Company 2022 2021 Pharoah Company 2022 2021 $559.000 Net sales $1,878.000 Cost of goods sold 1.040,412 296,829 Operating expenses 261.042 78.260 Interest expense 9,390 3.913 Income tax expense 54462 6.708 Current assets 322.500 $313.000 82.300 $79.800 Plant assets (net) 521400 498.500 138,300 126,000 Current liabilities 64.200 76,000 34400 29.000 108.000 91.400 31.000 24.400 Long-term liabilities Common stock 510 par Retained earrings 496,500 496,500 123.000 123.000 175 200 147.600 32.200 29.400 Prepare a vertical analysis of the 2022 income statement data for Orole Company and Pharoah Company Round percentages to 1 decimal place, es, 12.1%) ELS Question 8 of 9 -/9 E Prepare a vertical analysis of the 2022 income statement data for Oriole Company and Pharoah Company. (Round percentages to 1 decimal place, c.8. 12.1%) Condensed Income Statement Oriole Company Pha Dollars Percent Dollars % $ % % 5 % % % > % % 96 $ Question 8 of 9 -/9 Prepare a vertical analysis of the 2022 income statement data for Oriole Company and Pharoah Company. (Round percentages to 1 decimal place, eg. 121%) Condensed Income Statement Oriole Company Pharoah Company Dollars Percent Dollars Percent % $ % % % % % 9% % % % % 96 % % % 96 90 96 3 % $ % Question 8 of 9