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The Following Is a Summary of Information Presented on the Financial

Question 24

Multiple Choice

The following is a summary of information presented on the financial statements of a company on December 31,2017.
The following is a summary of information presented on the financial statements of a company on December 31,2017. With respect to long-term liabilities,a horizontal analysis reveals ________. A) long-term liabilities decreased by $14,000 B) long-term liabilities decreased by 24.56% C) long-term liabilities decreased by 24.53% D) long-term liabilities decreased by $7,000
With respect to long-term liabilities,a horizontal analysis reveals ________.


A) long-term liabilities decreased by $14,000
B) long-term liabilities decreased by 24.56%
C) long-term liabilities decreased by 24.53%
D) long-term liabilities decreased by $7,000

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