Solved

Filmore Inc 20162017 Curtent liabilities $250,000$400,000\begin{array} { l l l } & 2016 & 2017 \\\hline \text { Curtent liabilities } & \$ 250,000 & \$ 400,000\end{array}

Question 50

Multiple Choice

Filmore Inc.has the following information available for 2016 and 2017:
20162017 Curtent liabilities $250,000$400,000\begin{array} { l l l } & 2016 & 2017 \\\hline \text { Curtent liabilities } & \$ 250,000 & \$ 400,000\end{array}
If you were performing a trend analysis on this information,you would say that current liabilities have:


A) increased by 37.5%.
B) increased by 60%.
C) increased by 62.5%.
D) increased by 60%
E) None of the answer choices is correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions