The Following Is Summary of Information Presented on the Financial

question 63

Multiple Choice

The following is summary of information presented on the financial statements of a company on December 31,2019. With respect to current liabilities,a horizontal analysis reveals ________.(Round your answer to two decimal places. )

• A)that current liabilities are 38.05% of total equity
• B)a 65.96% increase in current liabilities
• C)a current ratio of 0.90
• D)a 39.74% increase in current liabilities

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