The income statements for Federer Sports Apparel for 2022 and 2021 are presented below. Required:...
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The income statements for Federer Sports Apparel for 2022 and 2021 are presented below. Required: Prepare a vertical analysis of the data for 2022 and 2021. (Rour percentage answers to 1 decimal place.) FEDERER SPORTS APPAREL Income Statement For the Years Ended December 31 2022 Amount % $ 17,800,000 100.00 $ 13,563,600 76.2 4,236,400 1,335,000 765,400 ces 100.0 44.2 Net sales Cost of goods sold Gross profit Operating expenses Depreciation expense Inventory write-down Loss (litigation) Income before tax Income tax expense Netin 2021 Amount 14,500,000 6,409,000 8,091,000 971,500 797,500 0 203,000 6,119,000 1,725,500 4,393,500 0.0 17,800 1,246,000 872,200 249,200 623,000 $ $ Prey 1 of 8 Next > MacBook Air 80 F3 st DI 48 888 FA F5 F6 F7 F1 F2 * # C $ % & 7 2 3 4 5 6 8 9 W E R T Y U
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