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6 of 40 (3 complete) The following is summary of information presented on the financial statements of a company on December 31, 2019. Account 2019
6 of 40 (3 complete) The following is summary of information presented on the financial statements of a company on December 31, 2019. Account 2019 2018 Current Assets $66,000 $55,000 Accounts Receivable 80,000 80,000 Merchandise Inventory 51,000 45,000 Current Liabilities 72,000 57,000 Long-term Liabilities 33,000 55,000 Common Stock 51,000 41,000 Retained Earnings 41,000 27,000 Net Sales Revenue Cost of Goods Sold $526,000 401,000 $500,000 399,000 O A. a 26.32% increase in current liabilities OB. that current liabilities are 36.55% of total equity O c. a 20.83% increase in current liabilities D. a current ratio of 0.92 Click to select your answer W stv SOME
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