Multiple Choice
Which of the following is most consistent with an increase in the ratio of debt to equity?
A) Payment of a required principal payment on long-term debt.
B) Repurchase of a portion of the company's outstanding common stock.
C) Higher than expected profits due to a decrease in cost of goods sold.
D) Payment of most accounts receivable immediately prior to year-end using a portion of the company's cash.
Correct Answer:

Verified
Correct Answer:
Verified
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