Question: Current Attempt in Progress Here are comparative financial statement data for Sunland Company and Carla Vista Company, two competitors. All data are as of December

Current Attempt in Progress Here are comparative financial statement data for Sunland Company and Carla Vista Company, two competitors. All data are as of December 31, 2022, and December 31, 2021. Sunland Company Carla Vista Company 2022 2021 2022 2021 Net sales $1,812,000 $559,000 Cost of goods sold 1,020,156 297,388 Operating expenses 269,988 78,819 Interest expense 9,060 4,472 Income tax expense 54,360 6,708 Current assets 324,000 $313,600 Plant assets (net) 521,400 499,400 83,200 $78,900 139,200 124,500 35,800 29,200 28,800 25,400 65,600 75.800 108,400 89,000 Current liabilities Long-term liabilities Common stock, $10 par Retained earnings 497,000 497,000 124,500 124,500 174,400 151,200 33,300 24,300 (a) Prepare a vertical analysis of the 2022 income statement data for Sunland Company and Carla Vista Company. (Round percentages to 1 decimal place, eg. 12.1%.) Condensed Income Statement Sunland Company Carla V Dollars Percent Dollars % $ % % % % % % % $ % $ e Textbook and Media Save for Later Attempts: 0 of 1 used Submit
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