Selected Data from the Financial Statements Are Provided Below

question 187

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 2014 and 2015?

• 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:

Explicit Racism

Openly stated or demonstrated prejudice and discrimination based on race.

Conscious

The state of being awake and aware of one's surroundings and experiences.

Explicit Racism

Discriminatory behavior or beliefs that are openly expressed or declared regarding different races.

Asian Americans

A demographic group in the United States composed of individuals of Asian descent.