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Horizontal Analysis The comparative temporary investments and Inventory balances of a company follow Current Year Previous Year Accounts payable $57,596 $47,600 Long-term debt 50,240 62,800

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Horizontal Analysis The comparative temporary investments and Inventory balances of a company follow Current Year Previous Year Accounts payable $57,596 $47,600 Long-term debt 50,240 62,800 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? Amount of Change Increase/Decrease Percentage Accounts payable Long-term debt

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