Question: Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow Horizontal Analysis The comparative accounts payable and long-term debt balances for

Horizontal Analysis The comparative accounts payable and long-term debt balances for a

Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow

Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year Accounts payable Long-term debt $81,363 32,060 $73,300 45,800 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? Enter all answers as positive numbers. Increase/ Decrease Increa Decrease Percentage 11 Accounts payable Long-term debt Amount of Change 8,063 13,740

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