Please Refer to the Partial Balance Sheet Data Provided Below

question 38

Multiple Choice

Please refer to the partial balance sheet data provided below:

Which of the following is a valid conclusion from the above data?

• A) The company relied heavily on retained earnings to finance asset growth in 2017.
• B) Current asset and current liability data suggest a liquidity problem in 2017.
• C) The company shifted towards greater debt financing and less equity financing over the two year period.
• D) The balance in Retained earnings declined over a two year period.

---

Definitions:

Frontal and Temporal Lobes

Regions of the brain responsible for cognitive functions such as thinking, planning, problem-solving (frontal) and auditory processing, memory, and emotion (temporal).

Alzheimer's Disease

A chronic neurodegenerative condition that gradually worsens memory and cognitive functions.

Neurocognitive Disorder

A category of mental health disorders that primarily affect cognitive abilities including learning, memory, and understanding.

Alzheimer's Disease

A progressive neurodegenerative disease that destroys memory and other important mental functions by affecting brain cells.