Use the table for the question(s) below.
Statement of Financial Position
-If the above statement of financial position is for a retail company,how has the company's leverage changed between 2014 and 2015?
A) The company has experienced a very significant decrease in its leverage.
B) The company has experienced a significant decrease in its leverage.
C) The company has experienced no significant change in its leverage.
D) The company has experienced a significant increase in its leverage.
E) The company has experienced a slight decrease in its leverage.
Correct Answer:
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