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Below Is a Partially Completed Horizontal Analysis of a Balance

Question 28

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Below is a partially completed horizontal analysis of a balance sheet.
Below is a partially completed horizontal analysis of a balance sheet. Rachel is completing a comparative analysis of her business'; balance sheet. What is the amount and percent of change in total liabilities from Year 1 to Year 2 for Rachels Candle Company? Rachel is completing a comparative analysis of her business'; balance sheet. What is the amount and percent of change in total liabilities from Year 1 to Year 2 for Rachels Candle Company?

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