Nue Company
Information from Nue Company's financial statements is provided below.
- Refer to the information provided for Nue Company. The debt to equity ratio for 2012 is:
A) an indicator that Nue Company's ability to meet current interest payments to creditors is increasing.
B) increasing slightly from 2011 to 2012.
C) an indicator that for every $1 of capital that has been provided by stockholders, creditors provided $0.83.
D) an indicator that Nue Company's reliance on stockholders for funding decreased from 2011 to 2012.
Correct Answer:
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