Answer Happy

Sh TRITTAVISARTRI PSS am ASTANITY 1 Required Information 1 of 2 FEDERER SPORTS APPAREL Balance Shoot Decomber 31 2022 2021 Amount Amount awarded zored 5.8 8.8 Book $ 2,300,000 1,500,000 2,800,000 11,000,000 (2,000,000) $15,600,000 14.7$ 800,000 9.6 1,200,000 18.0 1,700,000 70,5 11,000,000 (12.8) (1,000,000) 100,0 $13,700,000 12.4 80.3 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 int (7.3) 100.0 Ask rences 12.4 0.0 $ 1,450,000 1,500,000 8,000,000 4,650,000 $15,600,000 9.3 $ 1,700,000 9.6 51.3 8,000,000 29.8 4,000,000 100.0 $13,700,000 58.4 29.2 100.0
Required information 2. Prepare a horizontal analysis for 2022 using 2021 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.) Increase (Decreaso) Amount FEDERER SPORTS APPAREL Balance Sheet December 31 Your 2022 2021 Assets Cash $ 2,300,000 $ 800,000 Accounts receivablo 1,500,000 1,200,000 Inventory 2,800,000 1,700,000 Buildings 11,000,000 11,000,000 Loss: Accumulated depreciation (2.000,000) (1,000,000) Total assets $ 15,000,000 $13,700,000 Liabilities and Stockholders' Equity Accounts payable $ 1,450,000 $1,700,000 Contingent liability 1,500,000 Common stock 8,000,000 8,000,000 Retained earnings 4,650,000 4,000,000 Total liabilities and stockholders' equity $ 15,600,000 $13,700,000