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:

Final Goods

Products that are purchased for consumption by the end user and are not intended to be resold or used in the production of other goods.

Marginal Tax Rates

The rate at which the last dollar of income is taxed, illustrating the percentage of tax applied to your income for each tax bracket in which you qualify.

Supply-Side Economists

Economists who believe that reducing barriers to production and encouraging the supply of goods and services is the most effective way to stimulate economic growth.

Incentives

Rewards or penalties intended to motivate specific behaviors or actions among individuals or entities.