The following information applies to Questions 1-7: 2016 2017 S 5,550 1,813 1,324 Cameron's Accounts S 5,094 1,611 1,500 2,120 Cash and cash equivalents Receivables Inventory Prepaid expenses Total current assets Other assets Total assets Total current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and equity Sales Cost of sales (COGS) Operating expenses Operating income Interest expense Income tax expense Net income S 10,396 S 10,325 18,500 S 28,896 26,062 S7,230 4,798 6,568 10,300 S 28,896 S 25,000 7,055 7,064 $ 6,821 210 2,563 S 8,107 15,737 $ 8,467 3,792 4,363 9,440 S 26,062 Horizontal analysis of Cameron's balance sheet for 2017 would report (amounts rounded): A. Cash as 19.2% of Total Assets. B. Inventory Turnover of 5 times. C. 13.3% decrease in inventory D. 11.7% decrease in Inventory. 1. 2. Vertical analysis of Cameron's balance sheet for 2017 would report (amounts rounded): A. Inventory Turnover of 5 times. B. Current Liabilities as 25.0% of Total Assets. C. 8.2% increase in Cash. D. 9.0% increase in Cash. 3. A common-size income statement for Cameron would report (amounts rounded): A Inventory Turnover of 5 times. B. Sales of 86.5%. C. Net income of 19%. D Cost of Sales at 28%