5 ances 1. Prepare a vertical analysis of the balance sheet data for 2022 and 2021....

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5 ances 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.) Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders equity FEDERER SPORTS APPAREL Balance Sheet December 31 Amount 2022 $ 2,431,000 1,581,000 3,128,000 11,832,000 (1,972,000) $ 17,000,000 $ 1,496,000 1,360,000 7.888,000 6,256,000 $ 17,000,000 % $ Amount $ 754,000 1,305,000 1,595,000 11,832,000 (986,000) $14,500,000 2021 1,856,000 7,888.000 4,756,000 $ 14,500,000 % 5 ances 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.) Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders equity FEDERER SPORTS APPAREL Balance Sheet December 31 Amount 2022 $ 2,431,000 1,581,000 3,128,000 11,832,000 (1,972,000) $ 17,000,000 $ 1,496,000 1,360,000 7.888,000 6,256,000 $ 17,000,000 % $ Amount $ 754,000 1,305,000 1,595,000 11,832,000 (986,000) $14,500,000 2021 1,856,000 7,888.000 4,756,000 $ 14,500,000 %

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In the computation of vertical analysis the base for the asset items is total assets The base for th... View the full answer