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Horizontal Analysis The comparative temporary investments and inventory balances of a company follow: Current Year...

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Horizontal Analysis The comparative temporary investments and inventory balances of a company follow: Current Year Previous Year Accounts payable $63,468 $49,200 Long-term debt 31,620 46,500 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 96

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