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SHOW ME HOW BE 14-1 Horizontal analysis Obj. 2 The comparative accounts payable and long term debt balances for a company follow. Current Year Previous

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SHOW ME HOW BE 14-1 Horizontal analysis Obj. 2 The comparative accounts payable and long term debt balances for a company follow. Current Year Previous Year Accounts payable $114,240 $102,000 Long-term debt 127,200 120,000 Based on pis 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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