Solution-The comparative accounts payable and long-term debt

The comparative accounts payable and long-term debt

Reference no: EM13574273

The comparative accounts payable and long-term debt balances of a company are provided below.

	2012	2011
Accounts payable	$114,000	$100,000
Long-term debt	143,000	130,000

Based on this information, what is the amount and percentage of increase or decrease that would be shown in a balance sheet with horizontal analysis?

Reference no: EM13574273

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The comparative accounts payable and long-term debt

Reference no: EM13574273

Reference no: EM13574273

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Effect of financial leverage

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