Use the Table for the Question(s)below

question 105

Multiple Choice

Use the table for the question(s) below.
Statement of Financial Position

-If the above statement of financial position is for a retail company,what indications about this company would best be drawn from the changes in the statement of financial position between 2014 and 2015?

• A)The company is having difficulties selling its product.
• B)The company has reduced its debt.
• C)The company has added a major new asset in terms of plant and equipment.
• D)The company has experienced a significant rise in its market value.
• E)The company has reduced its net working capital.

---

Definitions:

Access Options

Settings and preferences within Microsoft Access that allow users to customize the behavior and appearance of the database application.

Else Portion

In programming, the part of an if-else statement that executes if the if condition is not met.

If...Then...Else

A conditional statement used in programming and database applications for executing different actions based on whether a specified condition is true or false.

Else Statement

A part of conditional programming that defines the block of code to be executed if the condition in the "if" statement is not met.