DeVry Grades Week & M McGra M Qu X M McGra New Ta Inbox Google E Untitle G WEEK Devry l G Google Home + V X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fconnect%... : Week 8: Homework Saved Help Save & Exit Submit Check my work 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. Part 1 of 2 7.5 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.) Book FEDERER SPORTS APPAREL Balance Sheet December 31 Hint 2022 2021 Amount 9% Amount Ask Assets Cash $ 2,300,000 800,000 Accounts receivable .500,000 .200,000 Print Inventory 2.800.000 1.700,000 Buildings 11,000,000 11,000,000 n Less: Accumulated depreciation 2,000,000) 1,000,000) References Total assets $ 15,600,000 $ 13,700,000 Liabilities and Stockholders' Equity Accounts payable $ 1.450,000 $ 1.700,000 Contingent liability 1.500,000 Common stock 8.000,000 8.000,000 Retained earnings 1.650,000 1,000,000 Total linmilitia 15 ann non 13 70n nnn F Mc Graw Hill 1 82.F Q Search a 3:17 PM Mostly sunny 6/24/2023 11