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1. Prepare a vertical analysis of the balance sheet data for 2025 and 2024. Express each amount as a percentage of total Required: assets. (Amounts

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1. Prepare a vertical analysis of the balance sheet data for 2025 and 2024. Express each amount as a percentage of total Required: assets. (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place.) 2. Prepare a horizontal analysis for 2025 using 2024 as the base year. (Note: If the percentage increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.)

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