the following is an example of: year increase (decrease) 2021 2020 amount % cash $ 300,000 $ 800,000 $ (500,000 ) (62.5 ) accounts receivable 500,000 200,000 300,000 150.0 inventory 800,000 700,000 100,000 14.3 long-term assets 3,400,000 2,300,000 1,100,000 47.8 total assets $ 5,000,000 $ 4,000,000 $ 1,000,000 25.0 multiple choice both vertical and horizontal analysis. horizontal analysis. diagonal analysis. vertical analysis.
