Please Refer to the Partial Balance Sheet Data Provided Below

question 136

Multiple Choice

Please refer to the partial balance sheet data provided below: Which of the following would be a valid conclusion from the above data?

• A)Stockholders' equity was equal to 76.6% of total liabilities in 2014.
• B)Stockholders' equity declined to 76.6% of net sales in 2014.
• C)Stockholders' equity was up 76.6% over a 2-year period.
• D)Stockholders' equity, as a percentage of total liabilities and stockholders' equity, declined over a 2-year period.

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Definitions:

Operational Proficiencies

The ability of an organization to carry out core business processes efficiently and effectively.

Enabling

The act of providing the means or opportunity for someone to achieve something or the act of making a device, system, or feature operational.

Appropriate Attention

The act of directing focus or care towards something or someone in a manner deemed suitable for the situation or context.

Work Ethic

A set of values based on the principles of diligence and hard work.