S Weygandt, Financial & Managerial Accounting, 2e Help | System Announcements PRINTER VERSION 1 BACK NEXT Brief Exercise 14-3 Using the following data from the comparative balance sheet of Goody Company. December 31, 2017 December 31, 2016 Accounts receivable $520,000 $400,000 Inventory 840,000 600,000 Total assets 3,000,000 2,500,000 Illustrate horizontal analysis. (Round percentages to 0 decimal places, e.g. 12%.) Increase or (Decrease) Goody Company Balance Sheet December 31, 2017 December 31, 2016 Amount Percentage Accounts receivable $520,000 $400,000 0/ Inventory $840,000 $600,000 Total assets $3,000,000 $2,500,000 % By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 0 of 1 used