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Horizontal Analysis The comparative temporary investments and inventory balances of a company follow. Previous Year Current Year Accounts payable $37,800 $43,092 Long-term debt 55,170 61,300

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Horizontal Analysis The comparative temporary investments and inventory balances of a company follow. Previous Year Current Year Accounts payable $37,800 $43,092 Long-term debt 55,170 61,300 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 Horizontal Analysis The comparative temporary investments and inventory balances of a company follow. Previous Year Current Year Accounts payable $37,800 $43,092 Long-term debt 55,170 61,300 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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