Horizontal analysis Obj. 2 The comparative temporary investments and inventory balances of a company follow. Current Year

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Horizontal analysis Obj. 2 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?

AppendixLO1

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Corporate Financial Accounting

ISBN: 9781337398176

15th Edition

Authors: Carl Warren, Jefferson Jones

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