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What is the amount and percentage of increase for company

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Reference no: EM133011266

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

                               Current Year                   Previous Year
Accounts payable            $47,256                       $53,700
Long-term debt                 59,280                         52,000

Problem 1: 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: EM133011266

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