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

###### Question:

1. Horizontal Analysis

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

 Current Year Previous Year Accounts payable $96,375$77,100 Long-term debt 32,412 43,800

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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