What is the amount and percentage of increase

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Question - Horizontal Analysis - The comparative accounts payable and long-term debt balances for a company follow.


Current Year

Previous Year

Accounts payable

$34,104

$40,600

Long-term debt

101,790

78,300

Required - 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? Enter all answers as positive numbers.

Reference no: EM133128779

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