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What is the amount and percentage of increase or decrease

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Question - Horizontal Analysis - The comparative accounts payable and long-term debt balances for a company follow:

 

Current Year

Previous Year

Accounts payable

$74,258

$69,400

Long-term debt

53,200

66,500

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: EM133123876

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