Use the Table for the Question(s)below

question 15

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,how has the company's leverage changed between 2014 and 2015?

• A)The company has experienced a very significant decrease in its leverage.
• B)The company has experienced a significant decrease in its leverage.
• C)The company has experienced no significant change in its leverage.
• D)The company has experienced a significant increase in its leverage.
• E)The company has experienced a slight decrease in its leverage.

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Definitions:

Profitability

The state or condition of yielding a financial profit or gain.

Advertising

A means of communication with the users of a product or service, often aimed at promoting the sale of goods or services.

Little Information

A situation where there is a lack of sufficient or detailed data to fully understand a topic or make informed decisions.

Media

Various means of communication, including television, radio, newspapers, and the internet, used to disseminate information to the public.