Please refer to the following data: Which of the following is a valid conclusion from the above data?
A) The company shifted toward greater debt financing and less equity financing over the 2-year period.
B) The company relied heavily on retained earnings to finance asset growth in 2014.
C) Current asset and current liability data suggest a liquidity problem in 2014.
D) The balance in Retained earnings declined over a 2-year period.

Question

Please refer to the following data:  Which of the following is a valid conclusion from the above data?
A) The company shifted toward greater debt financing and less equity financing over the 2-year period. 
B) The company relied heavily on retained earnings to finance asset growth in 2014. 
C) Current asset and current liability data suggest a liquidity problem in 2014. 
D) The balance in Retained earnings declined over a 2-year period.

Quizplus · Accepted Answer

The Answer of Please refer to the following data:  Which of the following is a valid conclusion from the above data?
A) The company shifted toward greater debt financing and less equity financing over the 2-year period. 
B) The company relied heavily on retained earnings to finance asset growth in 2014. 
C) Current asset and current liability data suggest a liquidity problem in 2014. 
D) The balance in Retained earnings declined over a 2-year period.

Please Refer to the Following Data: Which of the Following