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c. segmented balance sheet. d. comanon-size balance sheet. 4. Horizontal analysis of comparative financial statements includes the a. developalent of common-size statements. b. calculation of

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c. segmented balance sheet. d. comanon-size balance sheet. 4. Horizontal analysis of comparative financial statements includes the a. developalent of common-size statements. b. calculation of dollar amount changes and peroentage changes from the previous to the current year c. calculation of the percentage of net sales for each item listed. d. calculation of liquidity matios. A common measure of long-term solvency is the a. reecivable turnover. b. asset turmover. c. debt to equity matio. d. current ratio. PART B: Problems: The following information relates to Libertine Corpontion for 2021 and 2022 : a statement of cash flows using the indirect method. Include a schedule of noncash in ing transactions, if applicable. [23 points]

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