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    Exam 17: Financial Statement Analysis
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    Atlantis Inc
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Atlantis Inc

Question 42

Question 42

Multiple Choice

Atlantis Inc. reported the following data: Atlantis Inc. reported the following data:     The horizontal report shows that the amount of total liabilities has: A) increased by $22,700. B) increased by $2,500. C) decreased by $2,500. D) increased by $24,000. Atlantis Inc. reported the following data:     The horizontal report shows that the amount of total liabilities has: A) increased by $22,700. B) increased by $2,500. C) decreased by $2,500. D) increased by $24,000. The horizontal report shows that the amount of total liabilities has:


A) increased by $22,700.
B) increased by $2,500.
C) decreased by $2,500.
D) increased by $24,000.

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