Table 4.1 True Sandpaper Co

Multiple Choice

Table 4.1
True Sandpaper Co.
Balance Sheets
For the Years Ended 2014 and 2015
-The firm may have increased long-term debts to finance ________. (See Table 4.1)

A) an increase in net fixed assets
B) an increase in current assets
C) accounts receivable payments
D) an increase in dividends