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How did the companys solvency position change from FY 2014 to FY 2015? a. Insufficient information b. It decreased by more than 10% c. It

How did the companys solvency position change from FY 2014 to FY 2015?

a.

Insufficient information

b.

It decreased by more than 10%

c.

It was about the same

d.

It increased by more than 30%

image text in transcribed

Selected Financial Data T $ 2015 233,715 53,394 A A $ |00 2014 182,795 39,510 A Net sales Net income Earnings per share: Basic Diluted Cash dividends declared per share $ $ $ 9.28 9.22 1.98 $ $ 6.49 6.45 1.82 Shares used in computing earnings per share: Basic Diluted 5,753,421 5,793,069 6,085,572 6,122,663 Total cash, cash equivalents and marketable securities $ Total assets $ Commercial paper $ Total term debt (2) $ Other long-term obligations (1) $ Total liabilities $ Total shareholders' equity $ 4440000 205,666 290,479 8,499 55,963 33,427 171,124 119,355 0000000 $ $ $ $ 155,239 231.839 6,308 28,987 24,826 120,292 111,547 T Select Ratio/Data Formula Current Ratio Current Assets / Current Liabilities Debt-Equity Ratio Total Liabilities/Total Shareholders' Equity Long-Term Debt Total Term Debt + Other Long-Term Obligations Net Income Margin(%) (Net Income / Net Sales) * 100 *

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