The Ranger Corporation Data for the Current Year and Prior

question 127

Multiple Choice

The Ranger Corporation data for the current year and prior year is as follows: What would a horizontal analysis report with respect to current liabilities show?

• A)Current liabilities are 33.24% of total capital.
• B)Current liabilities saw a 27.54% increase from the prior year to the current year.
• C)The current ratio is 4.65.
• D)Current liabilities saw a 38.00% increase from the prior year to the current year.

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