Faultless, Inc. Selected Data from Faultless' Financial Statements Are Provided Below

question 11

Multiple Choice

Faultless, Inc.
Selected data from Faultless' financial statements are provided below.

- Refer to the financial information presented for Faultless, Inc. Which of the following is true regarding the debt management ratios for Faultless between 2011 and 2012?

• A) The debt to equity and debt to assets ratios both increased.
• B) The debt to equity and total debt to 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 assets ratios increased.

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Definitions:

Disseminate Information

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GAP Model

A framework for identifying and addressing gaps between customer expectations and experiences in service delivery.

Customers Expect

The anticipations or beliefs about the performance or services a customer expects from a product, service, or brand.

Company Thinks

Conceptual understanding or opinion held by a company regarding market trends, customer preferences, or strategies.