Question: Dart Corporation's leverage ratio increased from 2 . 5 in 2 0 2 3 to 3 . 0 in 2 0 2 4 . Without

Dart Corporation's leverage ratio increased from 2.5 in 2023 to 3.0 in 2024. Without looking at the financial statements, which statement best describes what may have occurred?
A. The company incurred new debt financing in 2024, but it may or may not have been more profitable.
B. The company incurred new equity financing in 2024, making it less profitable.
C. The company incurred new debt financing in 2024, making it more profitable.
D. The company incurred new equity financing in 2024, but it may or may not have been more profitable.
Dart Corporation's leverage ratio increased from

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