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Saylor BUS105 Exam - Topic 7 Question 16 Discussion

Actual exam question for Saylor's BUS105 exam
Question #: 16
Topic #: 7
[All BUS105 Questions]

This is the balance sheet for Swinney Services. Using trend analysis, what does this information tell us about the trends for current assets and current liabilities?

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Suggested Answer: D

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Torie
18 days ago
Totally agree, that’s a solid growth!
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Wilbert
23 days ago
A) Current assets increased at a rate nearly 2x higher than current liabilities.
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Joaquin
1 month ago
This is tricky! I feel like I saw a question like this before, and it emphasized the importance of the ratio. I might go with option D, but I'm not confident.
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Bulah
1 month ago
I think I recall that current assets should ideally grow faster than liabilities, but I can't remember the exact ratios we discussed. Maybe option C?
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Mireya
2 months ago
I'm not entirely sure, but I feel like the trend analysis we did showed that current assets usually outpace current liabilities. Could it be option A?
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Terry
2 months ago
I remember we practiced a similar question where we had to compare growth rates of assets and liabilities. I think I might lean towards option B.
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