Here are comparative statemant data for Crane Company and Sheridan Company, two compatitors. All balanca shast...
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Here are comparative statemant data for Crane Company and Sheridan Company, two compatitors. All balanca shast data ars as of December 31, 2022. and December 31, 2021. Crane Company Sheridan Company 2022 2021 2022 2021 Nat sales $1855,000 596,000 Cost of goods sold 1062,915 290,848 Operating expanses 265,265 88,804 Interest expense 9,275 2.980 Income tax expense 74,200 25,164 Current assats 534,599 $512,352 136,671 $130,326 Plant assats (nat 863,952 820,000 229,154 206,332 Current liabilities 108,773 124,336 57,971 49,661 Lang-term liabilitias 186,944 147,600 48,577 41,000 Common stock, $10 par 820,000 820,000 196,800 196,800 Retained sarnings 282,834 240,416 62,477 49,197 Prepars a vertical anaiysis of the 2022 income statament data for Crana Company and Sharidan Company. (Round all ratios to 1 decimal place, eg 25K) Condensed Income Statement For the Year Ended December 31, 2022 Crane Company Sheridan Compan Dollars Percent Dollars Perce $1855,000 596,000 1,062,915 290,848 792,085 305,152 265,265 6,804 526,820 216,348 9,275 2,980 517,545 213,369 74,200 35,164 $443,345 $178,204 > > > Prepare a vertical analysis of the 2022 income statsment data for Crans Company and Sharidan Company: (Round all ratios to 1 decimal place, eg 2.5K) Condensed Income Statement For the Year Ended December 31, 2022 Crane Company Sheridan Company Dollars Percent Dollars Percent $1855,000 % $596,000 1,062,915 290,648 792.085 305,152 265,265 68,804 526,820 216,348 56 9.275 2,980 517,545 213,369 74,200 35,164 S43,345 S178,204 > Here are comparative statemant data for Crane Company and Sheridan Company, two compatitors. All balanca shast data ars as of December 31, 2022. and December 31, 2021. Crane Company Sheridan Company 2022 2021 2022 2021 Nat sales $1855,000 596,000 Cost of goods sold 1062,915 290,848 Operating expanses 265,265 88,804 Interest expense 9,275 2.980 Income tax expense 74,200 25,164 Current assats 534,599 $512,352 136,671 $130,326 Plant assats (nat 863,952 820,000 229,154 206,332 Current liabilities 108,773 124,336 57,971 49,661 Lang-term liabilitias 186,944 147,600 48,577 41,000 Common stock, $10 par 820,000 820,000 196,800 196,800 Retained sarnings 282,834 240,416 62,477 49,197 Prepars a vertical anaiysis of the 2022 income statament data for Crana Company and Sharidan Company. (Round all ratios to 1 decimal place, eg 25K) Condensed Income Statement For the Year Ended December 31, 2022 Crane Company Sheridan Compan Dollars Percent Dollars Perce $1855,000 596,000 1,062,915 290,848 792,085 305,152 265,265 6,804 526,820 216,348 9,275 2,980 517,545 213,369 74,200 35,164 $443,345 $178,204 > > > Prepare a vertical analysis of the 2022 income statsment data for Crans Company and Sharidan Company: (Round all ratios to 1 decimal place, eg 2.5K) Condensed Income Statement For the Year Ended December 31, 2022 Crane Company Sheridan Company Dollars Percent Dollars Percent $1855,000 % $596,000 1,062,915 290,648 792.085 305,152 265,265 68,804 526,820 216,348 56 9.275 2,980 517,545 213,369 74,200 35,164 S43,345 S178,204 > Here are comparative statemant data for Crane Company and Sheridan Company, two compatitors. All balanca shast data ars as of December 31, 2022. and December 31, 2021. Crane Company Sheridan Company 2022 2021 2022 2021 Nat sales $1855,000 596,000 Cost of goods sold 1062,915 290,848 Operating expanses 265,265 88,804 Interest expense 9,275 2.980 Income tax expense 74,200 25,164 Current assats 534,599 $512,352 136,671 $130,326 Plant assats (nat 863,952 820,000 229,154 206,332 Current liabilities 108,773 124,336 57,971 49,661 Lang-term liabilitias 186,944 147,600 48,577 41,000 Common stock, $10 par 820,000 820,000 196,800 196,800 Retained sarnings 282,834 240,416 62,477 49,197 Prepars a vertical anaiysis of the 2022 income statament data for Crana Company and Sharidan Company. (Round all ratios to 1 decimal place, eg 25K) Condensed Income Statement For the Year Ended December 31, 2022 Crane Company Sheridan Compan Dollars Percent Dollars Perce $1855,000 596,000 1,062,915 290,848 792,085 305,152 265,265 6,804 526,820 216,348 9,275 2,980 517,545 213,369 74,200 35,164 $443,345 $178,204 > > > Prepare a vertical analysis of the 2022 income statsment data for Crans Company and Sharidan Company: (Round all ratios to 1 decimal place, eg 2.5K) Condensed Income Statement For the Year Ended December 31, 2022 Crane Company Sheridan Company Dollars Percent Dollars Percent $1855,000 % $596,000 1,062,915 290,648 792.085 305,152 265,265 68,804 526,820 216,348 56 9.275 2,980 517,545 213,369 74,200 35,164 S43,345 S178,204 > Here are comparative statemant data for Crane Company and Sheridan Company, two compatitors. All balanca shast data ars as of December 31, 2022. and December 31, 2021. Crane Company Sheridan Company 2022 2021 2022 2021 Nat sales $1855,000 596,000 Cost of goods sold 1062,915 290,848 Operating expanses 265,265 88,804 Interest expense 9,275 2.980 Income tax expense 74,200 25,164 Current assats 534,599 $512,352 136,671 $130,326 Plant assats (nat 863,952 820,000 229,154 206,332 Current liabilities 108,773 124,336 57,971 49,661 Lang-term liabilitias 186,944 147,600 48,577 41,000 Common stock, $10 par 820,000 820,000 196,800 196,800 Retained sarnings 282,834 240,416 62,477 49,197 Prepars a vertical anaiysis of the 2022 income statament data for Crana Company and Sharidan Company. (Round all ratios to 1 decimal place, eg 25K) Condensed Income Statement For the Year Ended December 31, 2022 Crane Company Sheridan Compan Dollars Percent Dollars Perce $1855,000 596,000 1,062,915 290,848 792,085 305,152 265,265 6,804 526,820 216,348 9,275 2,980 517,545 213,369 74,200 35,164 $443,345 $178,204 > > > Prepare a vertical analysis of the 2022 income statsment data for Crans Company and Sharidan Company: (Round all ratios to 1 decimal place, eg 2.5K) Condensed Income Statement For the Year Ended December 31, 2022 Crane Company Sheridan Company Dollars Percent Dollars Percent $1855,000 % $596,000 1,062,915 290,648 792.085 305,152 265,265 68,804 526,820 216,348 56 9.275 2,980 517,545 213,369 74,200 35,164 S43,345 S178,204 > Here are comparative statemant data for Crane Company and Sheridan Company, two compatitors. All balanca shast data ars as of December 31, 2022. and December 31, 2021. Crane Company Sheridan Company 2022 2021 2022 2021 Nat sales $1855,000 596,000 Cost of goods sold 1062,915 290,848 Operating expanses 265,265 88,804 Interest expense 9,275 2.980 Income tax expense 74,200 25,164 Current assats 534,599 $512,352 136,671 $130,326 Plant assats (nat 863,952 820,000 229,154 206,332 Current liabilities 108,773 124,336 57,971 49,661 Lang-term liabilitias 186,944 147,600 48,577 41,000 Common stock, $10 par 820,000 820,000 196,800 196,800 Retained sarnings 282,834 240,416 62,477 49,197 Prepars a vertical anaiysis of the 2022 income statament data for Crana Company and Sharidan Company. (Round all ratios to 1 decimal place, eg 25K) Condensed Income Statement For the Year Ended December 31, 2022 Crane Company Sheridan Compan Dollars Percent Dollars Perce $1855,000 596,000 1,062,915 290,848 792,085 305,152 265,265 6,804 526,820 216,348 9,275 2,980 517,545 213,369 74,200 35,164 $443,345 $178,204 > > > Prepare a vertical analysis of the 2022 income statsment data for Crans Company and Sharidan Company: (Round all ratios to 1 decimal place, eg 2.5K) Condensed Income Statement For the Year Ended December 31, 2022 Crane Company Sheridan Company Dollars Percent Dollars Percent $1855,000 % $596,000 1,062,915 290,648 792.085 305,152 265,265 68,804 526,820 216,348 56 9.275 2,980 517,545 213,369 74,200 35,164 S43,345 S178,204 > Here are comparative statemant data for Crane Company and Sheridan Company, two compatitors. All balanca shast data ars as of December 31, 2022. and December 31, 2021. Crane Company Sheridan Company 2022 2021 2022 2021 Nat sales $1855,000 596,000 Cost of goods sold 1062,915 290,848 Operating expanses 265,265 88,804 Interest expense 9,275 2.980 Income tax expense 74,200 25,164 Current assats 534,599 $512,352 136,671 $130,326 Plant assats (nat 863,952 820,000 229,154 206,332 Current liabilities 108,773 124,336 57,971 49,661 Lang-term liabilitias 186,944 147,600 48,577 41,000 Common stock, $10 par 820,000 820,000 196,800 196,800 Retained sarnings 282,834 240,416 62,477 49,197 Prepars a vertical anaiysis of the 2022 income statament data for Crana Company and Sharidan Company. (Round all ratios to 1 decimal place, eg 25K) Condensed Income Statement For the Year Ended December 31, 2022 Crane Company Sheridan Compan Dollars Percent Dollars Perce $1855,000 596,000 1,062,915 290,848 792,085 305,152 265,265 6,804 526,820 216,348 9,275 2,980 517,545 213,369 74,200 35,164 $443,345 $178,204 > > > Prepare a vertical analysis of the 2022 income statsment data for Crans Company and Sharidan Company: (Round all ratios to 1 decimal place, eg 2.5K) Condensed Income Statement For the Year Ended December 31, 2022 Crane Company Sheridan Company Dollars Percent Dollars Percent $1855,000 % $596,000 1,062,915 290,648 792.085 305,152 265,265 68,804 526,820 216,348 56 9.275 2,980 517,545 213,369 74,200 35,164 S43,345 S178,204 >
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Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-0078025822
17th edition
Authors: Jacqueline Reck, Suzanne Lowensohn, Earl Wilson
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