Horizontal Analysis The comparative temporary investments and inventory balances of a company follow. Current Year Previous Year Accounts payable $48,434 $39,700 Long-term debt 54,201 62,300 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Amount of Change Increase/Decrease Percentage Accounts payable Long-term debt Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold Gross profit $414,000 136,620 277,380 Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number Einsworth Corporation Vertical Analysis of the Income Statement Sales Amount Percentage $414,000 96 136,620 96 Cost of goods sold $277,380 90 Gross profit Book Show Me How Calculator Long-Term Solvency Analysis The following information was taken from Station Company's balance sheet: Fixed assets (net) $504,000 Long-term liabilities 360,000 Total liabilities 378,000 Total stockholders' equity 1,260,000 Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers to one decimal place a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity