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Horizontal Analysis The comparative temporary investments and inventory balances of a company follow: Current Year Previous Year Accounts payable Long-term debt $98,169 50,960 $76,100

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Horizontal Analysis The comparative temporary investments and inventory balances of a company follow: Current Year Previous Year Accounts payable Long-term debt $98,169 50,960 $76,100 63,700 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 Accounts payable. Long-term debt Increase/Decrease Increase Decrease Percentage % % Feedback Check My Work Calculate the change in the amount and divide by the base (older) year amount to determine the horizonta

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