What Was the Change in the Debt-Equity Ratio from 2014

question 358

Multiple Choice

What was the change in the debt-equity ratio from 2014 to 2015?

• A) The debt-equity ratio declined from 1.27 in 2014 to .19 in 2015.
• B) The debt-equity ratio increased from .19 in 2014 to 1.27 in 2015.
• C) The debt-equity ratio declined from .05 in 2014 to .02 in 2015.
• D) The debt-equity ratio declined from .22 in 2014 to .17 in 2015.
• E) The debt-equity ratio increased from .17 in 2014 to .22 in 2015.

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Definitions:

Voidable Title

A legal title to property that may be annulled or invalidated due to certain circumstances, such as fraud or misrepresentation.

Sale of Goods

A transaction between a buyer and a seller in which ownership of physical products is transferred in exchange for money.

Transaction

A swap or transaction involving goods, services, or money among two or more entities.

Risk of Loss

Refers to the legal and financial responsibility for damages or loss of goods while in transit or until the title has passed to the buyer.