Question
Horizontal Analysis The comparative temporary investments and inventory balances of a company follow. Current Year Previous Year Accounts payable: $50,874 $41,700 Long-term debt: $35,244 $39,600
Horizontal Analysis
The comparative temporary investments and inventory balances of a company follow.
Current Year Previous Year
Accounts payable: $50,874 $41,700
Long-term debt: $35,244 $39,600
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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Organizational Behaviour Concepts Controversies Applications
Authors: Nancy Langton, Stephen P. Robbins, Timothy A. Judge, Katherine Breward
6th Canadian Edition
132310317, 978-0132310314
