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Page 1 1. PE.17-01.ALGO (Algorithmic) Horizontal Analysis The comparative temporary investments and inventory balances of a company follow Current Year Previous Year Accounts payable $100,346

Page 1 1. PE.17-01.ALGO (Algorithmic) Horizontal Analysis The comparative temporary investments and inventory balances of a company follow Current Year Previous Year Accounts payable $100,346 $76,600 Long-term debt 63,336 75,400 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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