omework Ch 12 Saved 4. Exercise 12-2A Prepare vertical analysis (LO12-1) 2.5 points The income statements for Federer Sports Apparel for 2022 and 2021 are presented below. Required: Prepare a vertical analysis of the data for 2022 and 2021. (Round your percentage answers to 1 decimal place.) cBook Hint % Prim FEDERER SPORTS APPAREL Income Statement For the Years Ended December 31 2022 Amount % 5 19,700,000 S 12,765,600 6,934.400 1.851 800 1.221.400 394,000 1.753,300 1.713.900 650,100 s 1,063,800 $ Net sales Cost of goods sold Gross profil Operating expenses Depreciation expense Inventory write-down Loss litigation) Income before tax Income tax expense Net income References 2021 Amount 16.400,000 7.560.400 8,839,600 1,410,400 1.213 600 0 246,000 5,969 000 2.263,200 3.706,400 4 of 4 Next