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Commerce · Q1566

Accounting

Graduate and Post Graduate · Commerce · question 1566

Q1566

The Debt Equity ratio of a company for three consecutive years was as follows: Year Debt Equity Ratio 1989 39928 1990 49334 1991 62442 The aforesaid ratios show:

The Debt Equity ratio of a company for three consecutive years was as follows:
Year Debt Equity Ratio
1989
1990
1991
The aforesaid ratios show:
A.
That the company's financial structure is sound
B.
That the company is capable of meeting its shrot-term liabilities
C.
That the interests of creditors are not safe in the company
Answer
D.
That the long-term liquidity of the company is improving from year to year

Answer: Option C

Solution

Answer: Option C
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