The following is summary of information presented on the financial statements of a company on December 31, 2017 Account 2017 2016 Current Assets $68,000 $51,000 Accounts Receivable 83,000 78,000 Merchandise Inventory 52,000 45,000 Current Liabilities 77,000 53,000 Long-term Liabilities 34,000 51,000 Common Stock 51,000 42,000 Retained Earnings 41,000 28,000 Net Sales Revenue $526,000 $504,000 Cost of Goods Sold 400,000 398,000 Gross Profit $126,000 $106,000 Selling Expenses 50,000 51,000 Net Income Before Income Tax Expense $76,000 $55,000 Income Tax Expense 30,000 $16,900 Net Income $46,000 $38,100 With respect to current liabilities, a horizontal analysis reveals ________.

A) that current liabilities are 37.93% of total equity
B) a 45.28% increase in current liabilities
C) a current ratio of 0.88
D) a 31.17% increase in current liabilities

B .B)
Increase (Decrease)
2017 2016 Amount Percentage
Liabilities
Current liabilities $77,000 $53,000 24,000 45.28