Homework Answers
Option (A) "a 26.32% Increase in current liabilities" is correct.
Solution :-
Increase in current liabilities= Current liabilities of 2019 - Current liabilities of 2018 = $72000-$57000 =$15000
Increaese in current liabilities in ℅ = Increase in current liabilities / Current liabilities of 2018 X 100
=$15000 /$ 57000 X100
=26.31578947
= 26.32℅ (rounded to two decimal )
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