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Question 2 (3 marks) The income statements for Federer Sports Apparel for 2022 and 2021 are presented below. Prepare a horizontal analysis for 2022 using

Question 2 (3 marks)

The income statements for Federer Sports Apparel for 2022 and 2021 are presented below.

Prepare a horizontal analysis for 2022 using 2021 as the base year. (Decreases should be indicated with a minus sign. Round your percentage answers to 1 decimal place.)

(Solve this question using excel sheet then insert the answer r into this form here

Copy and paste all columns)

1- Horizontal Analysis Formula (1 Mark)

The formula for conducting horizontal analysis is as follows.

image text in transcribed
Question 2 ( 3 marks) The income statements for Federer Sports Apparel for 2022 and 2021 are presented below. Required: Prepare a horizontal analysis for 2022 using 2021 as the base year, (Decreases should be indicated with a minus sign. Round your percentage answers to 1 decimal place.) (Solve this question using excel sheet then insert the answer r into this form here Copy and paste all columns ) 1- Horizontal Analysis Formula ( 1 Mark) The formula for conducting horizontal analysis is as follows. 2- Solve this by using excel sheet ( 1 mark)

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