Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the comparative temporary investments and inventor

The comparative temporary investments and inventory balances of a company follow. ...

80.2K

Verified Solution

Question

Accounting

The comparative temporary investments and inventory balances of a company follow.

Current Year Previous Year
Accounts payable $84,246 $73,900
Long-term debt 55,447 62,300

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 $ %

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Describe how arterial compliance is responsible for ensuring constant blood flow from a pulsatile source (the...

Medical Sciences
Q

Describe the qualities of the muscle fiber arrangement and tendon attachments of the triceps brachii. Also,...

Medical Sciences
Q

Social Media and Data Analytics. Do they; Improves efficiency? Improves competitiveness? Improves customer satisfaction? Increases market segment? Employee benefits? Eliminates obsolete...

General Management
Q

A color blind male mates with woman who has normal vision. The woman has no...

Biology
Q

The two figures are regular polygons What is the measure of angle y

Geometry
Q

Majestic Manufacturing sold Jordans Furniture a living room set for an 8 700 list price...

Basic Math
Q

p x x 4 sin x s x sin x cos x sin x v...

Calculus
Q

9 88 p 41p 64p 18 p 84p 48p 51p 83p A 136p 106p 103p...

Algebra
Q

plz send it's urgent Q3: Write down steps to...

Accounting
Q

Citco Company is considering investing up to $526,000 in a sustainability-enhancing project. Its...

Accounting
Q

When looking at a manufactured product, an example of an inventoriable cost is ________. Select...

Accounting
Q

Joe, a resident of Boston, mails his return to the IRS Service center in New...

Accounting