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What is the amount and percentage of increase

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Reference no: EM133156258

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

 

Current Year

Previous Year

Accounts payable

$81,988

$79,600

Long-term debt

45,582

64,200

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: EM133156258

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