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Horizontal analysis The comparitive accounts payable and long term debt balances for a company fallow. --------------Current Year. Previous Year Accounts payable- $52,056. $72,300 Long term

Horizontal analysis
The comparitive accounts payable and long term debt balances for a company fallow.
--------------Current Year. Previous Year
Accounts payable- $52,056. $72,300
Long term debt - 61,065. 53,100
Based on this info what is the amount and percentage of increase or decrease that would be shiwn on a balance sheet with horizontal analysis? Enter all answers as positive numbers.
Amount of change. Increase/Decrease
accounts payable $________. ____________
Long term debt $__________. ____________
accounts payable _______%
long term debt. __________%
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28 MA i v cengagenow com D C vity Take: Practice! Horizontal Analysis tpt mogointe inolins

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