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Required: 1 . Prepare a vertical analysis of Fantasy Football s 2 0 2 4 and 2 0 2 3 balance sheets. Express each amount
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Prepare a vertical analysis of Fantasy Footballs and balance sheets. Express each amount as a percentage of total assets for that year. Amounts to be deducted should be indicated by a minus sign. Round your percentage answers to decimal place.
tableDecember Amount,Amount,AssetsCurrent assets:Cash$$Accounts receivable,,InventorySuppliesLongterm assets:EquipmentLess: Accumulated depreciation,,Total assets,$$Liabilities and Stockholders' EquityCurrent liabilities:Accounts payable,$$Interest payable,,Income tax payable,,Longterm liabilities:Notes payable,,Stockholders equity:Common stock,,Retained earnings,,Total liabilities and stockholders' equity,$$
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