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What is the amount and percentage of increase or decrease

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Problem - Horizontal analysis - 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

Required - 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: EM132684217

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