The following is summary of information presented on the financial statements of a company on December 31,2019. With respect to current liabilities,a horizontal analysis reveals ________.(Round your answer to two decimal places. )
A)that current liabilities are 38.05% of total equity
B)a 65.96% increase in current liabilities
C)a current ratio of 0.90
D)a 39.74% increase in current liabilities

Question

The following is summary of information presented on the financial statements of a company on December 31,2019.  With respect to current liabilities,a horizontal analysis reveals ________.(Round your answer to two decimal places. )
A)that current liabilities are 38.05% of total equity 
B)a 65.96% increase in current liabilities 
C)a current ratio of 0.90 
D)a 39.74% increase in current liabilities

Quizplus · Accepted Answer

11ea8a75_4277_de35_a2a1_b9e35f6ad0cd_TB6701_00 Liabilities
 11ea8a75_4277_de36_a2a1_4317bbccebd7_TB6701_00

The Following Is Summary of Information Presented on the Financial