QUESTION Below are the 2013 and 2014 year-end balance sheets for Hopeville Co.: Asset Cach Accounts receivable Torventes $ 200,000 2013 $ 170,000 700,000 864,000 2.000.000 33,064,000 Total current assets Net fixed assets 1.400,000 52.270,000 5.800.000 $7.870.000 Total assets 6.000.000 $9.064,000 Liabilities and equity Accounts payable Notes payable to bank Total current liabilities Lonform debt Comon stock $1,400,000 1.800.000 $3.000.000 2,400,000 3,000,000 164.500 $1,090,000 1.890.000 $2.890.000 2.400,000 2,000,000 2006 52.389.000 51.870 000 Rated earnings Total common equiry Total liabilities and equity $9.000.000 The firm has seves paid a dividend on its common tock, and it sed $2,400,000 or 10-year, non-callable, long-term dubt in 2013. As of the end of 2014, son of the principales debt had been paid. Aan that the companys ales in 2013 and 2014 were the same. Which of the following statement must be CORRECT The furns increased its short-term bark debr 2014 O. The firm podlo-term debt in 2014 The fund new common stock in 2014 The flinn repurchased some common stock 2014 The firm had negatishat comes 2014 Chest and on the a 8 g