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The income statements for Federer Sports Apparel for 2022 and 2021 are presented below. Required: Prepare a vertical analysis of the data for 2022 and
The income statements for Federer Sports Apparel for 2022 and 2021 are presented below. Required: Prepare a vertical analysis of the data for 2022 and 2021. (Round your percentage answers to 1 decimal place) FEDERER SPORTS APPAREL Income Statement For the Years Enced December 31 2021 Amount 310.000.000 13.200.000 5.600.000 1.800.000 1.000.000 200.000 1 300.000 1.300.000 450,000 3 350.000 Amount 5 15.600.000 7.000.000 8,500,000 1.200.000 1.000.000 Net as Cost of goods sold Gross profit Operating expenses Depreciation expense Inventory write-down Los ligation Income before Income tax expense Net income v 300.000 8.000.000 2.000.000 $4.000.000
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