Statement #$2$: Over the past two years, Cold Goose Metal Works Inc. has relied more on the use of short$-$term debt than on long$-$term debt financing.

This statement is $,$ because:

Cold Goose's total current liabilities decreased by $$391$ million, while its long$-$term debt account decreased by $$1,171$ million.

Cold Goose's total current liabilities increased by $$391$ million, while its use of long$-$term debt increased by $$1,171$ million.

Cold Goose's total notes payable increased by $$98$ million, while its common stock account increased by $$3,047$ million.