Over the past two years, Cute Camel Woodcraft Company has relied more on the use of short-term debt than on long-term debt financing. This statement is - because
a. Cute Camel's total notes payable increased by $43 million, while its common stock account increased by $1,340 million
b. Cute Camel's total current liabilities increased by $172 million, while its use of long-term debt increased by $515 million
c. Cute Camel's total current liabilities decreased by $172 million, while its long-term debt account decreased by $515 million
Answers: 3
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Over the past two years, Cute Camel Woodcraft Company has relied more on the use of short-term debt...
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