10,403 TUU Liabile and Stockholders' Equity Current a s $ 252 BB Common stock 324 Retained earings 493 Total liebties and stockholders' equity $1157 21.8 76 28.0 42.6 100,0 $ 3.865 25.0 1.21979 4.793 31.0 5.588 36.1 $16,465 100.0 Knowledge Check 01 Provided below is a partial balance sheet for Goodwin Corporation. Cash Accounts receivable Inventory Long-term assets Total assets Amount $ 500,000 400,000 300,000 900.000 $2,100,000 Using vertical analysis, what percentage is applicable to Inventory? Multiple Choice 14.3% oooo Horizontal Analysis of the Income Statement - Part 2 Horizontal Analysis || Knowledge Check 01 Kentwood Corporation reports net sales of $880,000 in Year 1 and $720,000 in Year 2. Using horizontal analysis, what is the percentage increase or decrease in sales? Multiple Choice 18.2% (18 2%) 2228 O (22 29%)