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! Required information [ The following information applies to the questions displayed below. ] The balance sheets for Federer Sports Apparel for 2 0 2
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The following information applies to the questions displayed below.
The balance sheets for Federer Sports Apparel for and are presented below.
Required:
Prepare a vertical analysis of the balance sheet data for and Express each amount as a percentage of total assets. Amounts to be deducted should be indicated by a minus sign. Round your answers to decimal place.
tableFEDERER SPORTS APPARELBalance SheetDecember Amount,Amount,AssetsCash$$Accounts receivable,,InventoryBuildingsLess: Accumulated depreciation,,Total assets,$$Liabilities and Stockholders' EquityAccounts payable,$$Contingent liability,,Common stock,,Retained earnings,,Total liabilities and stockholders' equity,$$
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