Calculator What type of analysis is indicated by the following? Increase (Decrease) Amount Percent $(70,000) (14%) 240,000 16% Current Year Preceding Year Current assets $430,000 $500,000 Fixed assets 1,740,000 1,500,000 a. common-size analysis b. horizontal analysis c. vertical analysis d. liquidity analysis In a vertical analysis, the base for cost of goods sold is a. total expenses b. total selling expenses c. gross profit Od. sales