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20. [The following information applies to the questions displayed below.] The balance sheets for Federer Sports Apparel for 2019 and 2018 are presented below. Required:

20.

[The following information applies to the questions displayed below.]

The balance sheets for Federer Sports Apparel for 2019 and 2018 are presented below.

Required:

1. Prepare a vertical analysis of the balance sheet data for 2019 and 2018. 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.)

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