Question: Prepare a horizontal analysis of the income statement data for Sheridan Corporation, using 2 0 2 4 as a base. ( If amount and percentage

Prepare a horizontal analysis of the income statement data for Sheridan Corporation, using 2024 as a base. (If amount and
percentage are a decrease show the numbers as negative, e.g.-55,000,-20% or (55,000),(20%). Round percentages to 1 decimal place, e.g.
12.1%.
SHERIDAN CORPORATION
Condensed Income Statement
For the Year Ended December 31
izontal and Vertical Analysis
Question 2 of 3
Attempts: 0 of 3 used
net sales -2025- $634,000 and for 2024 $568,100

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