Question: here are compartive statements PRINTER VERSION NEXT Your answer is partially correct. Try again. Here are comparative statement data for Sunland Company and Blossom Company,

here are compartive statements
here are compartive statements PRINTER VERSION NEXT Your answer is partially correct.
Try again. Here are comparative statement data for Sunland Company and Blossom
Company, two competitors. All balance sheet data are as of December 31,

PRINTER VERSION NEXT Your answer is partially correct. Try again. Here are comparative statement data for Sunland Company and Blossom Company, two competitors. All balance sheet data are as of December 31, 2022, and December 31, 2021. Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Sunland Company 2022 2021 $1,934,000 1,069,000 266,000 8,500 74,600 Blossom Company 2022 2021 $572,000 283,000 86,000 2,200 33,000 Current assets Plant assets (net) Current liabilities Long-term liabilities 417,248 $399,885 674,304 640,000 84,896 97,043 145,907 115,200 640,000 640,000 220,749 187,642 106,670 $ 101,718 178,852 161,039 45,245 38,760 37,914 32,000 Common stock, $10 par Retained earnings 153,600 48,763 153,600 38,397 Prepare a vertical analysis of the 2022 income statement data for Sunland Company and Blossom Company. (Round all ratios to I decimal place, e.g. 2.5%.) Condensed Income Statement Version 4.24.20.1 RCES CALCULATOR FULL SCREEN PRINTER VERSION Condensed Income statement For the Year Ended December 31, 2022 Sunland Company Dollars Percent som Company Percent Dollars Dividends $1,934,000 % $572,000 udy Expenses 1,069,000 % 283,000 % Gross Profit 865,000 289,000 Dividends 266,000 % 86,000 Retained Earnings, January 1 599,000 % 203,000 Other Expenses and losses Income Before Income Taxes 8,500 % 2,200 590,500 Retained Earnings, January 1 + % % 200,800 x 74,600 % 33,000 % Net Sales % $515,900 $167,800 Income Tax Expense Privacy Policy T2000-2020 John Wiley & Sons, Inc. All Rights Reserved. A Division of John Wiley & Sons, Inc. otv W 2.000 12 Compute the 2022 return on assets and the return on common stockholders' equity for both companies. (Round all ratios to 1 decimal place, ... 2.5%.) Sunland Company Blossom Company Return on assets Return on common stockholders' equity % Click If WALL Wa b Chomuule Li

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