Question: May I please get help on this... may I ask for explaination how to do this so i can learn the formula? thank you kindly.
Required information Problem 12-38 Perform vertical and horizontal analysis (LO12-1, 12-2) [The following information applies to the questions displayed below.] The balance sheets for Fantasy Football for 2021 and 2020 are provided below. Problem 12-3B Part 1 Required: 1. Prepare a vertical analysis of Fantasy Football's 2021 and 2020 balance sheets. Express each amount as a percentage of total assets for that year. (Amounts to be deducted should be indicated by a minus sign. Round your percentage answers to 1 decimal place.)
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