3- presented company on December

Account 2025 2024 Current Assets $66,000 $55,000 Accounts Receivable 85,000 76,000 43,000 53,000 Merchandise Inventory 53,000 77,000 34,000 50,000 43,000 Current Liabilities Long - term Liabilities 54,000 40,000 27,000 Common Stock Retained Earnings Net Sales Revenue $527,000 402,000 $125,000 $508,000 Cost of Goods Sold 396,000 Gross Profit $112,000 Selling Expenses Net Income Before Income Tax Expense 45,000 51,000 $80,000 27,000 $61,000 $16,700 $44,300 Income Tax Expense Net Income $53,000 With respect to current liabilities, a horizontal analysis reveals (Round your answer to two decimal places.)

A. a 45.28% increase in current liabilities

B. a 31.17% increase in current liabilities

C. a current ratio of 0.86

D. that current liabilities are 37.75% of total equity