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At the end of the fiscal year, a company showed the account for temporary investments at $46,750 and the account for inventory as $73,250. For
At the end of the fiscal year, a company showed the account for temporary investments at $46,750 and the account for inventory as $73,250. For the prior year the temporary investments account was $40,000 and the inventory account was $80,000. Based on this information of increase or decrease that would be shown in the balance sheet with horizontal analysis.
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