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What is the amount and percentage of increase or decrease

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Reference no: EM133109860

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

 

Current Year

Previous Year

Accounts payable

$50,427

$43,100

Long-term debt

70,312

74,800

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? Enter all answers as positive numbers.

Reference no: EM133109860

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