The McCumber Corporation Data for the Current Year: with Respect

question 73

Multiple Choice

The McCumber Corporation data for the current year: With respect to long-term liabilities, what would a horizontal analysis report?

• A)Long-term liabilities decreased by 6.15%.
• B)Long-term liabilities increased by $8,000.
• C)Long-term liabilities increased by 6.15%.
• D)Long-term liabilities decreased by $1,800.

---

Definitions:

"It Is" Structures

Grammatical constructions that use "it is" or "it's" to introduce a subject or emphasize a point.

Transitive Verb

A verb that requires one or more objects in a sentence to express a complete thought.

Transformed Predicate

A grammatical structure where the predicate of a sentence is modified or changed to alter the way information is conveyed.

Predicate Nominative

A noun or pronoun that follows a linking verb and refers back to the subject of the sentence, identifying or renaming it.