Oglethorpe Company Reports the Following Information from the Vertical Analysis

question 13

Multiple Choice

Oglethorpe Company reports the following information from the vertical analysis of their balance sheet: Which of the following statements could be logically concluded from the above data?

• A)The company's current ratio declined.
• B)The company's current assets declined in proportion to its total assets.
• C)The company's ability to pay current liabilities declined.
• D)The company's total current assets declined by 0.4%.

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