Question: Prepare a horizontal analysis for 2 0 2 5 using 2 0 2 4 as the base year. ( Note: If the percentage increase or

Prepare a horizontal analysis for

2025

using

2024

as the base year.

(

Note: If the percentage increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to

1

decimal place.

)

\

table

[[

FEDERER SPORTS APPAREL

], [

Balance Sheet

], [

December

31], [,

Year,Increase

(

Decrease

)], [

Assets

, 2025, 2024,

Amount,

%], [

Cash

2

Prepare a horizontal analysis for 2 0 2 5 using 2

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