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Required: 1. Prepare a vertical analysis of the balance sheet data for 2022 and 2021 Express each amount as a percentage of total assets. (Amounts
Required: 1. Prepare a vertical analysis of the balance sheet data for 2022 and 2021 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.) FEDELER SHORTS APAREL 2072 2021 Amount Amount 9 Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders equity $ 2,200,000 1,237,500 3,112,500 7,150,000 (1.200,000) $ 12,500,000 $ 800,000 990,000 1,660,000 7.150,000 (600 000) S 10,000,000 $ 1,250,000 $ 1,512,500 850,000 5,050,000 5,087 500 $ 12,500,000 5,050,000 3,700,000 $ 10,000,000
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