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PART 5:HORIZONTAL ANALYSIS: Data for Nobell Inc. is as follows: 15 POINTS Nobell Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets

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PART 5:HORIZONTAL ANALYSIS: Data for Nobell Inc. is as follows: 15 POINTS Nobell Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Current Assets: Cash Accounts Receivables, Net Merchandise Inventory Total Assets Liabilities Total Current Liabilities Long-term Liabilities Total Liabilities Stockholders' Equity Retained Earnings Common Stockholders' Equity $121,000 $100,000 125,000 85,000 5308,000 $310.000 117,000 70,000 63,500 50,000 163.500 100.000 150,000 110,000 50,000 94,500 50,000 Total Liabilities and Stockholders' Equity300 $310,000 Prepare a horizontal analysis of the comparative balance sheet of Nobell Inc. Round percentage changes to one decimal place

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