The Bristol Corporation data for the current year and prior year is as follows: With respect to long-term liabilities, what would a horizontal analysis report?
A)Long-term liabilities decreased by 11.76%.
B)Long-term liabilities increased by $4000.
C)Long-term liabilities increased by 11.76%.
D)Long-term liabilities decreased by $4000.

Question

The Bristol Corporation data for the current year and prior year is as follows:  With respect to long-term liabilities, what would a horizontal analysis report?
A)Long-term liabilities decreased by 11.76%. 
B)Long-term liabilities increased by $4000. 
C)Long-term liabilities increased by 11.76%. 
D)Long-term liabilities decreased by $4000.

Quizplus · Accepted Answer

The Answer of The Bristol Corporation data for the current year and prior year is as follows:  With respect to long-term liabilities, what would a horizontal analysis report?
A)Long-term liabilities decreased by 11.76%. 
B)Long-term liabilities increased by $4000. 
C)Long-term liabilities increased by 11.76%. 
D)Long-term liabilities decreased by $4000.

The Bristol Corporation Data for the Current Year and Prior