RECOMMENDED!!BUS 218-The comparative temporary investments and inventory

  

Horizontal AnalysisThe comparative temporary investments and inventory balances of a company follow. Current YearPrevious YearAccounts payable$58,630$53,300Long-term debt 48,253 66,100Based 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 PercentageAccounts payable Long-term debt

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