The Following Is Summary of Information Presented on the Financial

The following is summary of information presented on the financial statements of a company on December 31,2017. $\begin{array}{|l|r|r|}\hline \text { Account } & 2017 & 2016 \\\hline \text { Current Assets } & \$ 68,000 & \$ 51,000 \\\hline \text { Accounts Receivable } & 83,000 & 78,00 \\\hline \text { Merchandise Inventory } & 52,000 & 45,000 \\\hline \text { Current Liabilities } & 77,000 & 53,000 \\\hline \text { Long-term Liabilities } & 34,000 & 51,000 \\\hline \text { Common Stock } & 51,000 & 42,000 \\\hline \text { Retained Earnings } & 41,000 & 28,000 \\\hline\\\hline \text { Net Sales Revenue } & \$ 526,000 & \$ 504,000 \\\hline \text { Cost of Goods Sold } & 400,000 & 398,000 \\\hline \text { Gross Profit } & \$ 126,000 & \$ 106,000 \\\hline \text { Selling Expenses } & 50,000 & 51,000 \\\hline \text { Net Income Before Income Tax Expense } & \$ 76,000 & \$ 55,000 \\\hline \text { Income Tax Expense } & 30,000 & \$ 16,900 \\\hline \text { Net Income } & \$ 46,000 & \$ 38,100 \\\hline\end{array}$ With respect to current liabilities,a horizontal analysis reveals ________.(Round your answer to two decimal places. )

A) that current liabilities are 37.93% of total equity
B) a 45.28% increase in current liabilities
C) a current ratio of 0.88
D) a 31.17% increase in current liabilities