During the Year,the Company Recorded Services Provided to Customers on Account.What

question 184

Multiple Choice

During the year,the company recorded services provided to customers on account.What effect will this transaction have on the debt-to-assets and times interest earned ratios?

• A)The debt-to-assets ratio will decrease and the times interest earned will increase.
• B)The debt-to-assets ratio will increase and the times interest earned will not change.
• C)Both ratios will decrease.
• D)Both ratios will increase.

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Definitions:

Basic Activities

Fundamental tasks typically related to personal care and daily living, such as eating, bathing, and dressing.

Daily Living

Activities or tasks that are performed every day to meet basic needs, such as eating, bathing, and dressing.

Falls Prevention

Falls prevention involves strategies aimed at reducing the incidence and risk of falls, especially in older adults, to minimize injury and improve quality of life.

Muscle Strength

The ability of a muscle or group of muscles to exert force against resistance.