The balance sheet for The Athletic Attic for 2012 and 2011 is provided below. Required: 1. Prepare

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The balance sheet for The Athletic Attic for 2012 and 2011 is provided below.
The balance sheet for The Athletic Attic for 2012 and

Required:
1. Prepare a vertical analysis of The Athletic Attic's 2012 and 2011 balance sheets. Express each amount as a percentage of total assets for that year.
2. Prepare a horizontal analysis of The Athletic Attic's 2012 balance sheet using 2011 as the base year.

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Related Book For  book-img-for-question

Financial Accounting

ISBN: 9780078110825

2nd Edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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