Question: Horizontal analysis The comparative accounts payable and long - term debt balances for a company follow: Based on this information, what is the amount and

Horizontal analysis
The comparative accounts payable and long-term debt balances for a company follow:
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? Enter all answers as positive numbers.
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Calculate the change in the amount and divide by the base (older) year amount to determine the horizontal analysis percentages.
Horizontal analysis The comparative accounts payable and long-term debt balances for

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