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 Both vertical and horizontal analysis Horizontal analysis O Diagonal analysis Vertical analysis