Information from the Financial Statements Are Provided Below

question 122

Multiple Choice

Information from the financial statements are provided below:

-Refer to Rio Imports. Which of the following statements is true concerning the company's debt management activities?

• A)The company has a smaller percentage of capital from stockholders at the end of 2015 than at the end of 2014.
• B)The company relied more on creditors for financing during 2015 than in 2014.
• C)The company improved its debt-to-equity ratio.
• D)Relative to 2014, the company is in a weaker position at the end of 2015 to finance capital expenditures from cash flow generated by operating activities.

Understand the method of least squares estimation.

Learn how economic theories model the relationship between variables.

Analyze how sum of errors is used to evaluate the fit of a model.

Understand the significance of standard deviation in economic analysis.

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Definitions:

Cash Registers

Electronic or mechanical devices used in retail settings to calculate and record sales transactions, and to store money.

Time Clocks

Devices used to record the start and end times of employees' work hours.

Internal Control System

A process put in place by a company's management and board of directors to help ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Protect Assets

Measures and strategies implemented by a business or individual to safeguard tangible and intangible assets from loss, theft, or damage.