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horizontal analysis The comparative accounts payable and long-term debt balances for a company follow. Based on this information what is the amount and percentage of
horizontal analysis
Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year Accounts payable $59,727 $46,300 Long-term debt 51,324 65,800 Based on this information, what is the amount and percentage of increase or decrease that wou Amount of Change Increase/Decrease Percentage Accounts payable % Long-term debt % Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year Accounts payable $59,727 $46,300 Long-term debt 51,324 65,800 Based on this information, what is the amount and percentage of increase or decrease that wou Amount of Change Increase/Decrease Percentage Accounts payable $ 13,427 Increase 29 % Long-term debt $ 14,476 Decrease X % Feedback Check My Work Calculate the change in the amount and divide by the base (older) year amount to determ 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 the balance sheet with horizontal analysis.
I've calculated the change in the amount by dividing the base older year amount but it is still wrong what am I missing?
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