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Required information Required: 1. Prepare a vertical analysis of the balance sheet data for 2025 and 2024. Express each amount as a percentage of
Required information Required: 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.) Assets FEDERER SPORTS APPAREL Balance Sheet December 31 2025 Amount % 2024 Amount % $ 896,000 1,232,000 Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity $ 2,756,500 1,720,500 3,367,000 13,024,000 (2,368,000) $ 18,500,000 2,032,000 13,024,000 (1,184,000) $ 16,000,000 Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity $ 1,591,000 1,850,000 7,696,000 7,363,000 $ 18,500,000 $ 1,792,000 1,130,000 7,696,000 5,382,000 $ 16,000,000
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