eBook Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow. Current Year Accounts payable Long-term debt Show Me How Accounts payable Long-term debt Feedback Previous Year $54,805 95,348 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. Amount of Change $56,500 78,800 Increase/Decrease Decrease Increase Percentage % % Check My Work Calculate the change in the amount and divide by the base (older) year amount to determine the horizontal analysis percentages.

The comparative accounts payable and long-term debt balances for a company follow. 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. Feedbea r Check Hy Work Calculate the change in the amount and divide by the base (older) year amount to determine the horizontal analysis percentoges