The McCumber Corporation data for the current year: With respect to current liabilities, what would a horizontal analysis report?
A)The current ratio is 0.92.
B)Current liabilities are 13.35% of total capital.
C)Current liabilities saw a 50% increase from the prior year to the current year.
D)Current liabilities saw a 66.67% increase from the prior year to the current year.

Question

The McCumber Corporation data for the current year:  With respect to current liabilities, what would a horizontal analysis report?
A)The current ratio is 0.92. 
B)Current liabilities are 13.35% of total capital. 
C)Current liabilities saw a 50% increase from the prior year to the current year. 
D)Current liabilities saw a 66.67% increase from the prior year to the current year.

Quizplus · Accepted Answer

The Answer of The McCumber Corporation data for the current year:  With respect to current liabilities, what would a horizontal analysis report?
A)The current ratio is 0.92. 
B)Current liabilities are 13.35% of total capital. 
C)Current liabilities saw a 50% increase from the prior year to the current year. 
D)Current liabilities saw a 66.67% increase from the prior year to the current year.

The McCumber Corporation Data for the Current Year: with Respect