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GreenTech Solutions Ltd. Year Revenue ($M) Net Income ($M) Total Assets ($M) Total Liabilities ($M) 2021 80 10 60 30 2022 90 12 70 35

  1. GreenTech Solutions Ltd.

Year

Revenue ($M)

Net Income ($M)

Total Assets ($M)

Total Liabilities ($M)

2021

80

10

60

30

2022

90

12

70

35

2023

100

15

80

40

Calculate the debt-to-equity ratio for each year and analyze the trend.

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