Question
In 2019, We B Toys had total liabilities of $4,515 million and total assets of $8,003 million. In 2018, their total liabilities were $4,673 million
In 2019, We "B" Toys had total liabilities of $4,515 million and total assets of $8,003 million. In 2018, their total liabilities were $4,673 million and total assets were $8,33 million. Which of the following statements is true? The company had a decrease in their debt to equity ratio from 2018 to 2019. The company had more creditor financing versus stockholder equity financing in 2019. O Their debt to equity ratio in 2019 means they have less than half their financing provided by creditors. All of the above are true. None of the above is true
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