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1 Part 1 of 2 75 points Required: 1. Prepare a vertical analysis of the balance sheet data for 2022 and 2021 Express each
1 Part 1 of 2 75 points Required: 1. Prepare a vertical analysis of the balance sheet data for 2022 and 2021 Express each amount as a percentage of total assets (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place.) FEDERER SPORTS APPAREL Balance Sheet December 31 Book H Assets Cash 2022 Amount 20211 Amount $ 2,300,000 14.7 $1 800,000 1,500,000 1.200.000 AL Accounts receivable Inventory 2,800,000 P Buildings 11,000,000 References Less Accumulated depreciation 2,000,000) Total assets $ 15,600,000 Liabilities and Stockholders' Equity Accounts payable $ 1,450,000 Contingent Sability 1.500.000 Common stock 8,000,000 Retained eamings 4,650,000 Total liabilities and stockholders' equity $ 15,600,000 1,700,000 11,000,000 (1.000.000) $ 13,700,000 $1,700,000 8,000,000 4,000,000 $ 13.700,000 Check my wa
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