Multiple Choice
Use the table for the question(s) below.
Statement of Financial Position
-If the above statement of financial position is for a retail company,what indications about this company would best be drawn from the changes in leverage between 2014 and 2015?
A) The company's risk has decreased.
B) The company's risk is unchanged.
C) The company may have a problem in meeting borrowing obligations in the future.
D) The company has excellent growth prospects.
E) The company is bankrupt.
Correct Answer:

Verified
Correct Answer:
Verified
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