Table 18 -4 the Following Is a Summary of Information Presented on the Presented

question 85

Multiple Choice

Table 18 -4
The following is a summary of information presented on the financial statements of The Cake Company on December 31, 2017.

-Refer to Table 18-4.What would a horizontal analysis report with respect to current liabilities show?

• A) that current liabilities are 38.46% of total capital
• B) a 50.00% increase in current liabilities
• C) a current ratio of 0.87
• D) a 33.33% increase in current liabilities

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Refuse Payment

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