(Answered) The comparative cash and accounts receivable balances for a

Finance

The comparative cash and accounts receivable balances for a company are provided below.

	2008	2007
Cash	$62,500	$50,000
Accounts receivable (net)	74,400	80,000

Based on this information, what is the amount and percentage of increase or decrease that would be shown in a balance sheet with horizontal analysis?

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