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prepare a vertical analysis of the data for 2025 and 2024. Please explain, thankyou! Exercise 12-2 (Algo) Prepare vertical analysis (LO12-1) The income statements for
prepare a vertical analysis of the data for 2025 and 2024. Please explain, thankyou! Exercise 12-2 (Algo) Prepare vertical analysis (LO12-1) The income statements for Federer Sports Apparel for 2025 and 2024 are presented below. Required: Prepare a vertical analysis of the data for 2025 and 2024. (Round your percentage onswers to 1 decimi 1. Prepare a vertical analysis of the balance sheet data for 2025 and 2024. 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.) 2. Prepare a horizontal analysis for 2025 using 2024 as the base year. (Note: If the percentage increase or decrease calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage ans place.) Problem 12-6A (Algo) Use ratios to analyze risk and profitability ( LO12-3, 12-4) [The following information applies to the questions displayed below.] Income statements and balance sheets data for Virtual Gaming Systems are provided below. Balance Sheets December 31 Asseta Current assets: Cash Account s receivable Inventory Prepaid nent 202520242023 Long-term as 5 ets: Investment in bonds Land Equipment Le55: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current 1 iabilities: Accounts payable Interest payable Income tax payable $214,50088,500138,50014,900$195,06090,000114,00012,900$153,00069,000144,0007,080 Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total 1iabilities and stockholders' equity \begin{tabular}{|rrr} 399,000 & 399,000 & 309,000 \\ 125,100 & 236,100 & 93,500 \\ \hline$1,066,900 & $941,400 & $790,080 \\ \hline \end{tabular} Required: 1. Assuming that all sales were on account, calculate the following risk ratios for 2024 and 2025: (Roun place.) 2. Calculate the following profitability ratios for 2024 and 2025: (Round your answers to
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