Nue Company Information from Nue Company's Financial Statements Is Provided Below

Nue Company
Information from Nue Company's financial statements is provided below.

- Refer to the information provided for Nue Company. The times interest earned ratio for 2012:

A) increased, which indicates that the company's creditors will be pleased.
B) decreased, which indicates that the company has less cash to pay interest on its debt.
C) indicates a decline in the company's ability to pay its liabilities when they come due.
D) indicates that the company cannot meet its current year interest payments out of current year earnings.