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OBJ. Example Exercise 17-1 Horizontal Analysis The comparative cash and accounts receivable balances for a company are provided below. Dec. 31, Dec. 31, 2012 2011

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OBJ. Example Exercise 17-1 Horizontal Analysis The comparative cash and accounts receivable balances for a company are provided below. Dec. 31, Dec. 31, 2012 2011 Cash 562,500 $50,000 Accounts receivable (net) 74,400 80,000 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

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