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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 total
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 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 FEDERER SPORTS APPAREL Balance Sheet December 31 Amount $ 2025 $ 2,300,000 1,500,000 2,800,000 11,000,000 (2,000,000) $ 15,600,000 1,450,000 1,500,000 Saved 8,000,000 4,650,000 $ 15,600,000 % $ $ $ Amount 2024 800,000 2,200,000 1,700,000 11,000,000 (1,000,000) 14,700,000 1,700,000 1,000,000 8,000,000 4,000,000 $ 14,700,000 % He
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