Problem 12-3A (Algo) Part 1

1.) Prepare a vertical analysis of Sports Unlimited's 2024 and 2023 balance sheets. Express each amount as a percentage of total assets for the year

Part 2

2.) Prepare a horizontal analysis of Sports Unlimited's 2024 balance sheet usint 2023 as the base year

Required: 1. Prepare a vertical analysis of Sports Untimited's 2024 and 2023 balance sheets. Express eoch amount as a percentoge of total assets for that year (Amounts to be deducted should be indicoted by a minus sign. Round your percentage answers to 1 decimal place.) 2. Prepare a horizontal analysis of Sports Unlimited's 2024 balance sheet using 2023 as the base year. (Volu decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.)