Please Refer to the Partial Balance Sheet Data Provided Below

question 25

Multiple Choice

Please refer to the partial balance sheet data provided below:

Which of the following accurately describes the 3.6% figure shown for total current liabilities in 2017?

• A) In 2017, total current liabilities decreased as a percentage of net sales revenue.
• B) In 2017, total current liabilities was equal to 3.6% of total liabilities and shareholders' equity.
• C) In 2017, total current liabilities was equal to 3.6% of total liabilities.
• D) In 2017, total current liabilities increased as a percentage of total liabilities and shareholders' equity over the prior year.

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Definitions:

Gather Information

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In-Person Customer Interactions

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Purchase Preferences

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