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Exercise 12-2 (Algo) Prepare vertical analysis (LO12-1) The income statements for Federer Sports Apparel for 2025 and 2024 are presented below. Required: Prepare a vertical analysis of the data for 2025 and 2024 . (Round your percentage answers to 1 decimal place.) Required: 1. Prepare a vertical analysis of the balance sheet data for 2025 and 2024 . 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 plece.) 2. Prepare a horizontal analysis for 2025 using 2024 as the base year. (Note: If the percentege Increase or decrease cannot be calculated, then leave the cell blank. Decreeses should be Indicated by a minus sign. Round your percentage answers to 1 decimal plece.)