Question: Required information Exercise 12-4 (Algo) Prepare vertical and horizontal analyses (LO12-1, 12-2) [The following information applies to the questions displayed below.] The balance sheets for
![12-2) [The following information applies to the questions displayed below.] The balance](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2024/09/66ea629e195cd_70166ea629da9ee6.jpg)
Required information Exercise 12-4 (Algo) Prepare vertical and horizontal analyses (LO12-1, 12-2) [The following information applies to the questions displayed below.] 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. (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place.)
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