The following is summary of information presented on the financial statements of a company on December 31, 2015. What would a horizontal analysis report show with respect to current liabilities?
A)current liabilities are 38.46% of total capital
B)a 50.00% increase in current liabilities
C)a current ratio of .87
D)a 33.33% increase in current liabilities

Question

The following is summary of information presented on the financial statements of a company on December 31, 2015.  What would a horizontal analysis report show with respect to current liabilities?
A)current liabilities are 38.46% of total capital 
B)a 50.00% increase in current liabilities 
C)a current ratio of .87 
D)a 33.33% increase in current liabilities

Quizplus · Accepted Answer

The Answer of The following is summary of information presented on the financial statements of a company on December 31, 2015.  What would a horizontal analysis report show with respect to current liabilities?
A)current liabilities are 38.46% of total capital 
B)a 50.00% increase in current liabilities 
C)a current ratio of .87 
D)a 33.33% increase in current liabilities

The Following Is Summary of Information Presented on the Financial