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The Following Is Summary of Information Presented on the Financial

Question 99

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The following is summary of information presented on the financial statements of a company on December 31, 2015. The following is summary of information presented on the financial statements of a company on December 31, 2015. What would a horizontal analysis report show with respect to long-term liabilities? A) long-term liabilities decreased by $30,000 B) long-term liabilities decreased by 40% C) long-term liabilities decreased by 13.33% D) long-term liabilities decreased by $10,000 What would a horizontal analysis report show with respect to long-term liabilities?


A) long-term liabilities decreased by $30,000
B) long-term liabilities decreased by 40%
C) long-term liabilities decreased by 13.33%
D) long-term liabilities decreased by $10,000

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