Exercise 12-4 (Static) Part 2 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.) Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained eamings Total abilities and stockholders' equity FEDERER SPORTS APPAREL Balance Sheet December 31 $ $ $ 2025 Year 2,300,000 $ 1,500,000 2,800,000 11,000,000 (2,000,000) 15,600,000 $ 2024 1,450,000 $ 1,700,000 $ 1,500,000 1,000,000 8,000,000 8,000,000 4,650,000 4,000,000 S 15,600,000 $ 14,700,000 $ Increase (Decrease) Amount 800,000 $ 1,500,000 2,200,000 1,700,000 11,000,000 (1,000,000) (1,000,000) 14,700,000 $ 1,900,000 300,000 1,100,000 D (2,500,000) 15,000,000 % 650,000 1,900,000 187.5 25.0 64.7 0 100.0 13.9 (14.7) 100.0 OFF! 0 16.3 13.9
Exercise 12-4 (Static) Part 2 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.) Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained eamings Total abilities and stockholders' equity FEDERER SPORTS APPAREL Balance Sheet December 31 $ $ $ 2025 Year 2,300,000 $ 1,500,000 2,800,000 11,000,000 (2,000,000) 15,600,000 $ 2024 1,450,000 $ 1,700,000 $ 1,500,000 1,000,000 8,000,000 8,000,000 4,650,000 4,000,000 S 15,600,000 $ 14,700,000 $ Increase (Decrease) Amount 800,000 $ 1,500,000 2,200,000 1,700,000 11,000,000 (1,000,000) (1,000,000) 14,700,000 $ 1,900,000 300,000 1,100,000 D (2,500,000) 15,000,000 % 650,000 1,900,000 187.5 25.0 64.7 0 100.0 13.9 (14.7) 100.0 OFF! 0 16.3 13.9
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Exercise 12-4 (Static) Part 2
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.)
Assets
Cash
Accounts
Inventory
Buildings
Less: Accumulated depreciation
Total assets
Liabilities and Stockholders' Equity
Accounts payable
ble
Contingent liability
Common stock
Retained earnings
Total abilities and stockholders' equity
FEDERER SPORTS APPAREL
Balance Sheet
December 31
$
$
2025
$
Year
2,300,000 $
1,500,000
2,800,000
11,000,000
(2,000,000)
15,600,000 $
1,450,000 $
1,500,000
8,000,000
2024
< Prev
800,000 $
2,200,000
1,700,000
11,000,000
(1,000,000)
14,700,000 $
Increase (Decrease)
Amount
1,700,000 $ (2,500,000)
1,000,000
15,000,000
8,000,000
4,650,000
4,000,000
S 15,600,000 $ 14,700,000 $
8m
1,500,000
300,000
1,100,000
of 5
0
(1,000,000)
1,900,000
o
650,000
1,900,000
%
187.5
25.0
64.7
0
100.0
13.9
(14.7)
100.0
0
16.3
13.9
Next >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdd2d0306-23c0-4d1a-b281-65a854e72f36%2Fad41c570-2888-4bec-8d51-93b83e82d37e%2Fa28as5_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Exercise 12-4 (Static) Part 2
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.)
Assets
Cash
Accounts
Inventory
Buildings
Less: Accumulated depreciation
Total assets
Liabilities and Stockholders' Equity
Accounts payable
ble
Contingent liability
Common stock
Retained earnings
Total abilities and stockholders' equity
FEDERER SPORTS APPAREL
Balance Sheet
December 31
$
$
2025
$
Year
2,300,000 $
1,500,000
2,800,000
11,000,000
(2,000,000)
15,600,000 $
1,450,000 $
1,500,000
8,000,000
2024
< Prev
800,000 $
2,200,000
1,700,000
11,000,000
(1,000,000)
14,700,000 $
Increase (Decrease)
Amount
1,700,000 $ (2,500,000)
1,000,000
15,000,000
8,000,000
4,650,000
4,000,000
S 15,600,000 $ 14,700,000 $
8m
1,500,000
300,000
1,100,000
of 5
0
(1,000,000)
1,900,000
o
650,000
1,900,000
%
187.5
25.0
64.7
0
100.0
13.9
(14.7)
100.0
0
16.3
13.9
Next >
![14
00:09:33
Retained earnings represents:
Multiple Choice
O
O
Amount of cash available for paying dividends.
Net income minus dividends for the current year
All net income, less all dividends, since the company began operations.
Total assets minus total liabilities
+](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdd2d0306-23c0-4d1a-b281-65a854e72f36%2Fad41c570-2888-4bec-8d51-93b83e82d37e%2Fow8u7n_processed.jpeg&w=3840&q=75)
Transcribed Image Text:14
00:09:33
Retained earnings represents:
Multiple Choice
O
O
Amount of cash available for paying dividends.
Net income minus dividends for the current year
All net income, less all dividends, since the company began operations.
Total assets minus total liabilities
+
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