The Bristol Corporation data for the current year and prior year is as follows: With respect to current liabilities, what would a horizontal analysis report?
A)The current ratio is 2.23.
B)Current liabilities are 1.26% of total capital.
C)Current liabilities saw a 51.82% increase from the prior year to the current year.
D)Current liabilities saw a 34.13% increase from the prior year to the current year.

Question

The Bristol Corporation data for the current year and prior year is as follows:  With respect to current liabilities, what would a horizontal analysis report?
A)The current ratio is 2.23. 
B)Current liabilities are 1.26% of total capital. 
C)Current liabilities saw a 51.82% increase from the prior year to the current year. 
D)Current liabilities saw a 34.13% increase from the prior year to the current year.

Quizplus · Accepted Answer

The Answer of The Bristol Corporation data for the current year and prior year is as follows:  With respect to current liabilities, what would a horizontal analysis report?
A)The current ratio is 2.23. 
B)Current liabilities are 1.26% of total capital. 
C)Current liabilities saw a 51.82% increase from the prior year to the current year. 
D)Current liabilities saw a 34.13% increase from the prior year to the current year.

The Bristol Corporation Data for the Current Year and Prior