Joshua \& White Technology: December 31 Balance Sheets (Thousands of Dollars) Joshua \& White Technology: Common Size Income Statements for Year Ending on December 31 What has happened to the composition (that is, percentage in each category) of assets and liabilities? Inventories now make up a proportion of current assets and accounts payable make up a proportion of current liabilities. Joshua \& White Technology: December 31 Percent Change Balance Sheet Percent Change in 2021 Assets Cash % Short-term investments % Accounts receivable Inventories Total current assets Net fixed assets Total assets Liabilities \& Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total common equity Total liabilities \& equity % % % % % \begin{tabular}{|c|c} \hline & % \\ \hline & % \\ \hline & % \\ \hline & % \\ \hline \end{tabular} Joshua \& White Technology: Income Statements for Year Joshua \& White Technology: December 31 Balance Sheets (Thousands of Dollars) Joshua \& White Technology: Common Size Income Statements for Year Ending on December 31 What has happened to the composition (that is, percentage in each category) of assets and liabilities? Inventories now make up a proportion of current assets and accounts payable make up a proportion of current liabilities. Joshua \& White Technology: December 31 Percent Change Balance Sheet Percent Change in 2021 Assets Cash % Short-term investments % Accounts receivable Inventories Total current assets Net fixed assets Total assets Liabilities \& Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total common equity Total liabilities \& equity % % % % % \begin{tabular}{|c|c} \hline & % \\ \hline & % \\ \hline & % \\ \hline & % \\ \hline \end{tabular} Joshua \& White Technology: Income Statements for Year