A horizontal analysis of Inventory yields 5.5%. This means that: Inventory was 5.5% of total assets. Inventory was 5.5% of net sales. Inventory Increased 5.5% from the prior year to the current year. Inventory decreased 5.5% from the prior year to the current year. Jones Services generated $123,000 in net Income in Its first year and $115,000 in its second year. A horizontal analysis of net income would yield