M3 COMP PROBLEM 2022 Question 2 of 2 -125 View Policies Current Attempt in Progress Here are comparative financial statement data for Sheridan Company and Karen Company, two competitors. All data are as of December 31, 2022, and December 31, 2021 Sheridan Company Karen Company 2021 2022 2021 Net sales 5 1866.000 $559,000 Cost of coods sold 1059.888 297 388 Operating expenses 2647 78.819 Interest expense 7464 4472 income tax expense 54114 6.149 Current 323.000 5311.200 B2000 $78.300 Plant assets that 521400 501200 138 300 125.100 Current 66.000 75.600 36.200 31.00 Le terme 105 90200 29.000 24600 Common och 51 90.000 122000 ed 17200 150500 Question 2 of 2 125 ! TI a) Prepare a vertical analysis of the 2022 income statement data for Sheridan Company and Karen Company. (Round percenluges to 1 decimal place, s. 12.1% Condensed Income Statement Sheridan Company Dollars Percent Dollars Question 2 of 2 -/25 % > 96 % -> % 56 Textbook and Media Attempts. Oof 2 used SA bi e Textbook and Media Se forme Attempts of 2 used Suomen (61) Compute the 2002 ron sets and the return on common stockholders extratos for both companieundersto 1 decimal 121) Sheridan Company Karen Company Return on non common stockholdes culty Textbook and Media Armats of 2