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Seahoon Chege.com hitlent Toon - Tume University Porta 113 Financial Accounting F3020 710.02m 1100 Homework Chapter #12 Saved Help 3 Part 1 of 2 Required
Seahoon Chege.com hitlent Toon - Tume University Porta 113 Financial Accounting F3020 710.02m 1100 Homework Chapter #12 Saved Help 3 Part 1 of 2 Required information [The following information applies to the questions displayed below) The balance sheets for Federer Sports Apparel for 2022 and 2021 are presented below. 12.5 points Required: 1. Prepare a vertical analysis of the balance sheet data for 2022 and 2021. 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.) eBook Hint FEDERER SPORTS APPAREL Balance Sheet December 31 2022 Amount % 2021 Amount Print Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained caringe Total liabilities and stockholders' equity $ 2.200,000 1.237.500 3,112,500 7.150,000 (1,200,000) $ 12,500,000 $ 800,000 990,000 1.660,000 7,150,000 490,000 $ 10,000,000 $ 1,250,000 $ 1,512,500 850,000 5,050,000 5,087.500 $ 12,500,000 5,050,000 3,700,000 $ 10,000,000 MC 5
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