Using the following data from the comparative balance sheet of Goody Company. December 31, 2015 December 31, 2014 Accounts receivable $520,000 $400,000 Inventory $840,000 $600,000 Total assets $3,000,000 $2,500,000

Using the following data from the comparative balance sheet of Goody Company. December 31, 2015 December 31, 2014 Accounts receivable $520,000 $400,000 Inventory $840,000 $600,000 Total assets $3,000,000 $2,500,000

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