Question: Exercise 1 2 - 4 ( Algo ) Prepare vertical and horizontal analyses ( LO 1 2 - 1 , 1 2 - 2 )

Exercise 12-4(Algo) Prepare vertical and horizontal analyses (LO12-1,12-2)
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The balance sheets for Federer Sports Apparel for 2025 and 2024 are presented below.
Exercise 12-4(Algo) Part 1
Required:
1. Prepare a vertical analysis of the balance sheet data for 2025 and 2024. Express each amount as a percentage of total assets.

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