What do the following data taken from a comparative balance sheet indicate about the company??s ability to

Question:

What do the following data taken from a comparative balance sheet indicate about the company??s ability to borrow additional funds on a long-term basis in the current year as compared to the precedingyear?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...