Use the Table for the Question(s)below

question 82

Multiple Choice

Use the table for the question(s) below.
-If the above balance sheet is for a retail company, how has the company's leverage changed between 2017 and 2018?

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

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Definitions:

Layoff Cost

Expenses associated with terminating employees, which may include severance pay, benefits continuation, and other related costs.

Hiring And Training Cost

Expenses associated with recruiting new employees and providing them with the necessary training to perform their job duties.

Labor Hours

The total number of hours worked by employees for the production of goods or the provision of services.

Inventory Holding Cost

The total cost of storing and managing goods that a company has in stock, including warehousing and insurance.