work (asynchronous) es Required information [The following information applies to the questions displayed below.] The balance sheets for Federer Sports Apparel for 2025 and 2024 are presented below. Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity 2. 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.) FEDERER SPORTS APPAREL Balance Sheet December 31 $ 2025 Year $ Saved 2,200,000 $ 800,000 1,237,500 990,000 3,112,500 1,660,000 7,150,000 7,150,000 (1,200,000) (600,000) $ 12,500,000 $ 10,000,000 2024 1,512,500 $ 850,000 5,050,000 5,087,500 $ 12,500,000 1,250,000 800,000 5,050,000 2,900,000 $10,000,000 Increase (Decrease) Amount Help % Save

Required information [The following information applies to the questions displayed below.] The balance sheets for Federer Sports Apparel for 2025 and 2024 are presented below. 2. 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.)