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What is the amount and percentage of increase or decrease

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Reference no: EM132757996

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

Current Year

Previous Year

Temporary investments

$59,280

$52,000

Inventory

70,680

76,000

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: EM132757996

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