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What is the amount and percentage of increase or decrease

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Reference no: EM133074623

Question - Horizontal Analysis - The comparative temporary investments and inventory balances of a company follow:

 

Current Year

Previous Year

Accounts payable

$67,250

$53,800

Long-term debt

31,616

41,600

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?

Reference no: EM133074623

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