Nue Company
Information from Nue Company's financial statements is provided below.
-Refer to the information provided for Nue Company. Which of the following statements is true concerning Nue's debt management activities?
A) The company has a smaller percentage of capital from stockholders at the end of 2012 than at the end of 2011.
B) The company relied more on creditors for financing during 2012 than in 2011.
C) Nue Company improved its debt to equity ratio.
D) Relative to 2011, Nue Company is in a weaker position at the end of 2012 to finance capital expenditures from cash flow generated by operating activities.
Correct Answer:
Verified
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