Question: Current Attempt in Progress Using the following selected items from the comparative balance sheet of Sheridan Company, illustrate horizontal (using 2020 a base year) and

Current Attempt in Progress Using the following selected items from the comparative balance sheet of Sheridan Company, illustrate horizontal (using 2020 a base year) and vertical analysis. (Round vertical analysis to 1 decimal place, e.g. 15.2.) HORIZONTAL ANALYSIS December 31, 2021 December 31, 2020 December 31, December 31, 2021 2020 Accounts Receivable $766,360 $682,520 Inventory 466,900 410,720 Total Assets 3,220,000 3,020,000 % di % % do % % VERTICAL ANALYSIS December 31, 2021 % % December 31, 2020 % % % % %

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