Refer to the summary financial information for Momentum Clothing Distributors.Which of the following statements is true?
A) The company's level of financing risk was greater in 2014 than it was in 2013.
B) In comparison to 2013,the company became less efficient in 2014 in generating revenues from its investment in assets.
C) Despite the increase in sales in 2014,the company controlled its expenses just as well as it had in 2012.
D) The company's level of financing risk was less in 2013 than it was in 2012.
Correct Answer:
Verified
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