Selected Data from the Financial Statements Are Provided Below

Multiple Choice

Selected data from the financial statements are provided below:

-Refer to Rent-a-Center. Which of the following is true regarding the debt management ratios between 2019 and 2020?

A) The debt-to-equity and debt-to-total assets ratios both increased.
B) The debt-to-equity and total debt-to-total assets ratios both decreased.
C) The debt-to-equity and long-term debt-to-equity ratios both decreased.
D) The debt-to-equity ratio decreased and the debt-to-total assets ratios increased.