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What is the amount and percentage of increase

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Question - The comparative temporary investments and inventory balances of a company follow.

 

Current Year

Previous Year

Accounts payable

$65,780

$59,800

Long-term debt

54,348

64,700

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

Reference no: EM132569153

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