The Goodberry Corporation data for the current year and prior year is as follows: What would a horizontal analysis report with respect to long-term liabilities?
A)Long-term liabilities increased by $6000.
B)Long-term liabilities decreased by 29.46%.
C)Long-term liabilities increased by 17.14%.
D)Long-term liabilities decreased by $16,500.

Question

The Goodberry Corporation data for the current year and prior year is as follows:  What would a horizontal analysis report with respect to long-term liabilities?
A)Long-term liabilities increased by $6000. 
B)Long-term liabilities decreased by 29.46%. 
C)Long-term liabilities increased by 17.14%. 
D)Long-term liabilities decreased by $16,500.

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 long-term liabilities?
A)Long-term liabilities increased by $6000. 
B)Long-term liabilities decreased by 29.46%. 
C)Long-term liabilities increased by 17.14%. 
D)Long-term liabilities decreased by $16,500.

The Goodberry Corporation Data for the Current Year and Prior