Question: Selected information for Biotech Company is given below Total current assets Total current liabilities 2025 2024 2023 2022 2021 $669,920 $648,240 $830,720 $613,200 $584,000

Selected information for Biotech Company is given below Total current assets Total

Selected information for Biotech Company is given below Total current assets Total current liabilities 2025 2024 2023 2022 2021 $669,920 $648,240 $830,720 $613,200 $584,000 109.960 107,160 105,290 100,580 94,000 a) Calculate the horizontal trend percentage for these items using 2021 as the base year Please make sure your final answers) are in percentage form and are accurate to the nearest whole percent. (For example: 12%) 2025 2024 2023 2022 2021 Total current assets Total current liabilities b) Assuming all other things are constant, indicate whether the horizontal trend in total current abilities is favourable or unfavorable compared to the horizontal trend in total current assets The horizontal trend is (select one)

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