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Below are selected financial data for Bouquet, Inc. 2010 2009 Total liabilities $1,205,000 $952,000 Common stock $250,000 $225,000 Paid-in capital in excess of par -
Below are selected financial data for Bouquet, Inc.
2010 | 2009 | |
Total liabilities | $1,205,000 | $952,000 |
Common stock | $250,000 | $225,000 |
Paid-in capital in excess of par - common stock | $150,000 | $135,000 |
Retained earnings | $155,000 | $145,000 |
Bouquets debt-to-equity ratio for 2010 is
a. | increasing, which may be a cause of concern for the company. | |
b. | increasing, which is always a good sign from the viewpoint of investors. | |
c. | decreasing, which may be a cause of concern for the company. | |
d. | decreasing, which is always a good sign from the viewpoint of investors. |
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