Chapter 12 Homework L012-01 L012-03 - Groded Help Save&Exit Submi 1 Exercise 12-2A Prepare vertical analysis (LO12-1) The income statements for Federer Sports Apparel for 2022 and 2021 are presented below Required 15 Prepare a veetical analysis of the data for 2022 and 2021. (Round your percentage answers to 1 decimal place) Ended December 31 022 19,700.000 1400.000 7.580.400 of goods sokd Gross proft 1851,800 1410,400 1,753.300 713,900 Income sxexpense .23.200 pter 12 Homework LO12-01, LO12-03-Graded Exercise 12-2A Prepare vertical analysis (LO12-1) The income statements for Federer Sports Apparel for 2022 and 2021 are presented below Prepare a vertical analysis of the data for 2022 and 2021. (Round your percentage answers to 1 decimal place.) Income Statement For the Years Ended December 31 2021 S 19,700,000 12,765,600 6,934,400 1,851,800 1,221.400 394,000 1,753.300 1,713,900 650,100 1,063,800 100.0 16,400,000 7,560,400 8.839.600 1,410,400 1,213,600 Net sales Cost of goods sold 75.6 44.3 55 7 Gross proft 246,000 5,969 600 2,263.200 36 3,706,400 Loss fiogatbon) Income before tax Income tax expense Prey 1 of 2 Next> MacBook Air 4 3 2