Using the following data from the comparative balance sheet of goody company. december 31, 2017 december 31, 2016 accounts receivable $532,000 $400,000 inventory 861,800 620,000 total assets 2,954,350 2,569,000 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 $532,000 $400,000 $ % inventory $861,800 $620,000 $ % total assets $2,954,350 $2,569,000 $ %

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.