Question
The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year Accounts payable $62,890 $66,200 Long-term debt 57,164 46,100 Based
The comparative accounts payable and long-term debt balances for a company follow.
Current Year Previous Year
Accounts payable $62,890 $66,200
Long-term debt 57,164 46,100
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? Enter all answers as positive numbers.
Amount Of Change Percentage
Accounts Payable %
Long Term Debt %
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, George Foster, Srikant M. Datar
8th Edition
0131810669, 978-0131810662
