Question 11 1 pts Horizontal analysis of comparative financial statements includes evaluation of each component in a financial statement to a total within the statement calculation of liquidity ratios development of common-sized statements calculation of dollar amount changes and percentage changes from the previous to the current year Question 12 1 pts Depreciation on factory equipment would be reported in the statement of cash flows prepared by the indirect method in the cash flows from operating activities section the cash flows from investing activities section a separate schedule the cash flows from financing activities