1.

The following financial statement items are shown forPharoahManufacturing.

Inventory $40963

Total assets 137000

Salaries payable 29000

Total liabilities 69000

Calculate the common-size percentage for inventory.

29.9%

16.3%

19.9%

334%

2.

SunlandCompany's accounts receivable account balance was $119000at the beginning of the year and $139111at the end of the year.Sunland's percentage change calculation at the end of the current year is

14.46% decrease.

16.90% decrease.

14.46% increase.

16.90% increase.