3 points The balance sheet below is for a retail company. Which of the following statement is most correct about the change in the company's (financial) leverage between 2012 and 2013? Assets Current Assets Cash Accounts receivable Inventories Total current assets Long-Term Assets Net property, plant, and equipment Total Assets 2012 121 Total long-term assets 121 00000 2013 50 46 22 12 17 38 89 96 116 116 210 212 Liabilities Current Liabilities Accounts payable Notes payable/short-term debt Total current liabilities Long-Term Liabilities Long-term debt Total long-term liabilities Total Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity 2012 42 7 49 128 128 177 33 210 The company has experienced a significant increase in its financial leverage The company has experienced a significant decrease in its financial leverage. The shareholders has experienced a significant increase in wealth Both statements a and c are correct. Both statements b and c are correct 2013 48 5 53 136 136 189 Return 23 212 Submit