The Following Is Summary of Information Presented on the Financial

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

With respect to current liabilities,a horizontal analysis reveals ________.(Round your answer to two decimal places. )

A) that current liabilities are 37.98% of total equity
B) a 38.60% increase in current liabilities
C) a current ratio of 0.87
D) a 27.85% increase in current liabilities

Correct Answer:

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