The Goodberry Corporation data for the current year and prior year is as follows: What would a horizontal analysis report with respect to current liabilities?
A)Current liabilities saw a 28.45% increase from the prior year to the current year.
B)Current liabilities are 156.97% of total capital.
C)The current ratio is 1.36.
D)Current liabilities saw a 22.15% increase from the prior year to the current year.

Question

The Goodberry Corporation data for the current year and prior year is as follows:  What would a horizontal analysis report with respect to current liabilities?
A)Current liabilities saw a 28.45% increase from the prior year to the current year. 
B)Current liabilities are 156.97% of total capital. 
C)The current ratio is 1.36. 
D)Current liabilities saw a 22.15% increase from the prior year to the current year.

Quizplus · Accepted Answer

The Answer of The Goodberry Corporation data for the current year and prior year is as follows:  What would a horizontal analysis report with respect to current liabilities?
A)Current liabilities saw a 28.45% increase from the prior year to the current year. 
B)Current liabilities are 156.97% of total capital. 
C)The current ratio is 1.36. 
D)Current liabilities saw a 22.15% increase from the prior year to the current year.

The Goodberry Corporation Data for the Current Year and Prior