Question: PLEASE ANSWER ACCORDING TO THE BLANKS ABOVE Comparative income statement data for Pharoah Inc. and Sheffield Ltd., two competitors, are shown below for the year

PLEASE ANSWER ACCORDING TO THE BLANKS ABOVE Comparative income statement data for Pharoah Inc. and Sheffield Ltd., two competitors, are shown below for the

PLEASE ANSWER ACCORDING TO THE BLANKS ABOVE

Comparative income statement data for Pharoah Inc. and Sheffield Ltd., two competitors, are shown below for the year ended December 31, 2024 Using vertical analysis, calculate the percentage of the base amount of the income statement for each company. (Round answers to 1 decimal place, e.g. 12.5\%.)

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