Question: Required information Problem 12-3A (Algo) Perform vertical and horizontal analysis (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://s3.amazonaws.com/si.experts.images/answers/2024/08/66ab6943b3047_63566ab69434530e.jpg)
Required information Problem 12-3A (Algo) Perform vertical and horizontal analysis (LO12-1, 12-2) [The following information applies to the questions displayed below.] The balance sheets for Sports Unlimited for 2024 and 2023 are provided below. Problem 12-3A (Algo) Part 1 Required: 1. Prepare a vertical analysis of Sports Unlimited's 2024 and 2023 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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