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The Ranger Corporation Data for the Current Year and Prior

Question 127

Multiple Choice

The Ranger Corporation data for the current year and prior year is as follows: The Ranger Corporation data for the current year and prior year is as follows: What would a horizontal analysis report with respect to current liabilities show? A) Current liabilities are 33.24% of total capital. B) Current liabilities saw a 27.54% increase from the prior year to the current year. C) The current ratio is 4.65. D) Current liabilities saw a 38.00% increase from the prior year to the current year. What would a horizontal analysis report with respect to current liabilities show?


A) Current liabilities are 33.24% of total capital.
B) Current liabilities saw a 27.54% increase from the prior year to the current year.
C) The current ratio is 4.65.
D) Current liabilities saw a 38.00% increase from the prior year to the current year.

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