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What is the amount and percentage of increase or decrease

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Question

The Cash and Accounts Receivable end-of-year balances for a company are provided below.

Current Year Prior Year

Cash $55,814 $47,300

Accounts receivable (net) 35,332 48,400

Based on this information, what is the amount and percentage of increase or decrease that would be shown with horizontal analysis? Enter a decrease using a minus sign before the amount and the percentage.

Reference no: EM132386420

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