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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.

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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. Required: 1. Prepare a vertical analysis of the balance sheet data for 2025 and 2024. Express each amount as a percentage of total assets. Note: Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place. 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. 2. Prepare a horizontal analysis for 2025 using 2024 as the base yeat. 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

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