The following is a summary of information presented on the financial statements of a company on December 31, 2019. Question 10 Not yet answered Points out of 1.00 Remove flag Account Net Sales Revenue Cost of Goods Sold Gross Profit Selling Expenses Net Income Before Income Tax Expense income Tax Expense Net Income 2019 2018 $601,000 $503.000 47000406000 144,000 197,000 53000 55.000 91.000 42.000 4200020000 $49.000 $22000 with respect to net sales revenue, a horizontal analysis reveals Select one A. a decrease of $51,000 in net sales revenue B. a 19.48% increase in net sales revenue C. a 237.77% decrease in net sales revenue O D. a $51.000 increase in net sales revenue Question 14 Not yet answered Allstate Moving Company reported the following amounts on its balance sheet as of December 31, 2019 and December 31, 2018: Points out of 100 Remove flag 2019 2018 Cash and Receivables $165,000 $75,000 Merchandise Inventory 175,000 250,000 Property, Plant and Equipment, net 820,000 780.000 Total Assets $1,160,000 $1,105,000 Total Liabilities $475,000 $385,000 For the vertical analysis, what is the percentage of current assets as of December 31, 20192 (Round your answer to two decimal places) Select one: A. 29.31% B. 41.46% C. 29.4196 D. 4167%