The Bristol Corporation Data for the Current Year and Prior

question 175

Multiple Choice

The Bristol Corporation data for the current year and prior year is as follows: With respect to current assets, what would a horizontal analysis report?

• A)Inventory turnover of 1.29 times
• B)Current ratio of 3.56
• C)Current assets as 100.00% of total assets
• D)A 38.89% increase in current assets

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