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If the above balance sheet is for a retail company, how has the company's leverage...

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Accounting

If the above balance sheet is for a retail company, how has the company's leverage (book debt to equity ratio) changed between 2007 and 2008?

A. The company has experienced a significant increase in its leverage.

B. The company has experienced a significant decrease in its leverage.

C. The company has experienced no significant change in its leverage.

D. There is no sufficient information about change in leverage.

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