The following is a summary of information presented on the financial statements of a company on December 31,2019.
With respect to long-term liabilities,a horizontal analysis reveals ________.
A) long-term liabilities decreased by $13,000
B) long-term liabilities decreased by 22.81%
C) long-term liabilities decreased by 15.38%
D) long-term liabilities decreased by $2000
Correct Answer:
Verified
Q44: A vertical analysis percent is computed by
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