Multiple Choice
The following is summary of information presented on the financial statements of a company on December 31,2017.
With respect to current liabilities,a horizontal analysis reveals ________.(Round your answer to two decimal places. )
A) that current liabilities are 37.98% of total equity
B) a 38.60% increase in current liabilities
C) a current ratio of 0.87
D) a 27.85% increase in current liabilities
Correct Answer:
Verified
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