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Needle Company reports accounts receivable of $100,000 in 2023 and $250,000 in 2024 . Using horizontal analysis, what would be the percentage increase or decrease

image text in transcribed Needle Company reports accounts receivable of $100,000 in 2023 and $250,000 in 2024 . Using horizontal analysis, what would be the percentage increase or decrease in accounts receivable? Multiple Choice 60% increase 60% decrease 150% increase 150% decrease

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