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Information from Nue Company's financial statements is provided below. 2013 2012 Current liabilities $250 000 $170 000 Non-current liabilities 130 000 340 000 Shareholders' equity

Information from Nue Company's financial statements is provided below.

2013

2012

Current liabilities

$250 000

$170 000

Non-current liabilities

130 000

340 000

Shareholders' equity

440 000

560 000

Net cash flows from operating activities

70 000

61 000

Interest and principal payments

14 000

9 000

Net sales

475 000

450 000

Total comprehensive income

90 000

72 000

Interest expense

7 500

13 500

Income tax

18 000

12 500

Dividends paid to ordinary shareholders

16 000

28 000

The debt-to-equity ratio for 2013 is:

an indicator that Nue Company's reliance on shareholders for funding increased from 2012 to 2013

an indicator that for every $1 of capital that has been provided by shareholders, creditors provided $0.86

an indicator that Nue Company's ability to meet current interest payments to creditors is increasing

increasing slightly from 2012 to 2013

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