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The comparative temporary investments and inventory balances of a company follow: Current Year Previous Year Accounts payable $68,796 $58,800 Long-term debt 61,752 74,400 Based on

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The comparative temporary investments and inventory balances of a company follow: Current Year Previous Year Accounts payable $68,796 $58,800 Long-term debt 61,752 74,400 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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