The following items appear on the balance sheet of The Piano Company at the end of 2012 and 2011: Between 2011 and 2012
A)The Piano Company's debt-to-equity ratio and current ratio both increased.
B)The Piano Company's debt-to-equity ratio and current ratio both decreased.
C)The Piano Company's debt-to-equity ratio increased and its debt-to-total assets ratio decreased
D)The Piano Company's debt-to-equity ratio decreased and its debt-to-total assets ratio increased

Question

The following items appear on the balance sheet of The Piano Company at the end of 2012 and 2011:  Between 2011 and 2012
A)The Piano Company's debt-to-equity ratio and current ratio both increased. 
B)The Piano Company's debt-to-equity ratio and current ratio both decreased. 
C)The Piano Company's debt-to-equity ratio increased and its debt-to-total assets ratio decreased 
D)The Piano Company's debt-to-equity ratio decreased and its debt-to-total assets ratio increased

Quizplus · Accepted Answer

The Answer of The following items appear on the balance sheet of The Piano Company at the end of 2012 and 2011:  Between 2011 and 2012
A)The Piano Company's debt-to-equity ratio and current ratio both increased. 
B)The Piano Company's debt-to-equity ratio and current ratio both decreased. 
C)The Piano Company's debt-to-equity ratio increased and its debt-to-total assets ratio decreased 
D)The Piano Company's debt-to-equity ratio decreased and its debt-to-total assets ratio increased

The Following Items Appear on the Balance Sheet of the Piano