The Following Is a Summary of Information Presented on the Financial

question 36

Multiple Choice

The following is a summary of information presented on the financial statements of a company on December 31,2017.

With respect to long-term liabilities,a horizontal analysis reveals ________.

• A)long-term liabilities decreased by $14,000
• B)long-term liabilities decreased by 24.56%
• C)long-term liabilities decreased by 24.53%
• D)long-term liabilities decreased by $7,000

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Definitions:

Meso Trans-1,2-Diol

A specific stereochemical form of a 1,2-diol where the compound has two identical chiral centers but is overall achiral because of symmetry, resulting in a meso compound.

Lasalocid A

A polyether antibiotic used as an anticoccidial agent and in veterinary medicine to control coccidiosis.

Coccidiostat

A chemical agent used to inhibit the growth of coccidia, protozoan parasites, often used in veterinary medicine to prevent coccidiosis.

Antibacterial Agent

A type of antimicrobial designed specifically to fight bacteria and prevent their growth or reproduction.