Required information

$[$The following information applies to the questions displayed below.$]$

The balance sheets for Federer Sports Apparel for $2025$ and $2024$ are presented below.

Prepare a horizontal analysis for $2025$ using $2024$ as the base year.

Note: If the percentage increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a

minus sign. Round your percentage answers to $1$ decimal place.