Below are selected data from the financial statements of Moriarty Company. 2016 2015 Total liabilities $1,205,000 $952,000 Common stock ($30 par) 250,000 225,000 PaidÂin capital in excess of par—common stock 150,000 135,000 Retained earnings 155,000 145,000 The debt-to-equity ratio for 2016 is
a. increasing, which should be a major cause of concern for Moriarty Company.
b. increasing, which should be a good sign in investors' eyes.
c. decreasing, which should be a major cause of concern for Moriarty Company.
d. decreasing, which should be a good sign in investors' eyes.
a
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