The Stemple Corporation data for the current year: What would a horizontal analysis report with respect to long-term liabilities?
A)The debt ratio is 35.32%.
B)Long-term liabilities increased by 4.47%.
C)The current ratio is 1.24.
D)Long-term liabilities decreased by $(1,400).

Question

The Stemple Corporation data for the current year:  What would a horizontal analysis report with respect to long-term liabilities?
A)The debt ratio is 35.32%. 
B)Long-term liabilities increased by 4.47%. 
C)The current ratio is 1.24. 
D)Long-term liabilities decreased by $(1,400).

Quizplus · Accepted Answer

The Answer of The Stemple Corporation data for the current year:  What would a horizontal analysis report with respect to long-term liabilities?
A)The debt ratio is 35.32%. 
B)Long-term liabilities increased by 4.47%. 
C)The current ratio is 1.24. 
D)Long-term liabilities decreased by $(1,400).

The Stemple Corporation Data for the Current Year: What