Selected Data from the Financial Statements Are Provided Below

question 170

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.

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Definitions:

Jelly Coat

One of the acellular coverings of the eggs of certain animals, such as echinoderms.

Sea Urchin Egg

The reproductive cell from which a sea urchin develops, often used in developmental biology research.

Holoblastic Cleavage

A cleavage pattern in which the entire embryo cleaves; characteristic of eggs with little or moderate yolk (isolecithal or moderately telolecithal) (e.g., the eggs of echinoderms, amphioxus, and mammals). Compare with meroblastic cleavage.

Meroblastic Cleavage

Cleavage pattern observed in the telolecithal eggs of reptiles and birds, in which cleavage is restricted to a small disc of cytoplasm at the animal pole. Compare with holoblastic cleavage.