Horizontal analysis OBJ. 1 The comparative temporary investments and inventory balances of a company follow. Current Year

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Horizontal analysis OBJ. 1 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 in a balance sheet with horizontal analysis?

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Financial And Managerial Accounting

ISBN: 9781305267831,9781305267848

13th Edition

Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac

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