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2014 2013 Current assets $6 400 $3 600 Non-current assets 3.600 5400 Current liabilities 2 200 1 500 Non-current liabilities 3 300 1 500 Shareholders

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2014 2013 Current assets $6 400 $3 600 Non-current assets 3.600 5400 Current liabilities 2 200 1 500 Non-current liabilities 3 300 1 500 Shareholders equity 4 500 6000 Net sales 15 000 12 000 Total comprehensive income 4300 3200 Which of the following is true regarding the debt management ratios for Faultless between 2013 and 2014? The debt-to-equity and debt-to-assets ratios both increased The debt-to-equity ratio decreased and the debt-to-assets ratio increased The debt-to-equity and non-current debt-to-equity ratios both decreased The debt-to-equity and debt-to-assets ratios both decreased

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