Selected Financial Data for Rescue Rooter Are Presented Below

question 87

Multiple Choice

Selected financial data for Rescue Rooter are presented below: The company's debt-to-equity ratio for 2015 is

• A)increasing, which may be a cause of concern for the company.
• B)increasing, which is always a good sign from the viewpoint of investors.
• C)decreasing, which may be a cause of concern for the company.
• D)decreasing, which is always a good sign from the viewpoint of investors.

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Definitions:

Contract

An agreement between two or more parties that is binding by law and comes with mutual responsibilities.

Courts

are judicial institutions with the authority to adjudicate legal disputes between parties and carry out the administration of justice in civil, criminal, and administrative matters.

Covenant Not To Compete

An agreement, often in an employment contract, where one party agrees not to enter into or start a similar profession or trade in competition against another party.

Employment

A formal relationship between an employer and an employee where the employee performs work under certain conditions in exchange for remuneration.