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Comparative information taken from the Friction Company's financial statements is shown below: Requiredt Using horizontal analysis, show the percentage change and direction (increase or decrease)

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Comparative information taken from the Friction Company's financial statements is shown below: Requiredt Using horizontal analysis, show the percentage change and direction (increase or decrease) from Year 1 to year 2 with Year 1 as the bsse yeac. If an item is impossiole to compute, enter a " 0 " in the percentage box and select "Not possible to compute" in the narrative box

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