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Exam Code: Marketing-Cloud-Consultant

Exam Name: Salesforce Certified Marketing Cloud Consultant

Certification Provider: Salesforce

Related Certification: Salesforce Certified Marketing Cloud Consultant

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NEW QUESTION: 1
The debt/equity ratio of Cretac Co at 31 May 2009 is higher than the debt/equity ratio at 31 May 2008.
Which of the following choices would be a reason for the increase?
A. A loan due for repayment in 2010 has been replaced by a loan due over the three years to 2012.
B. The terms of a fixed rate loan have been renegotiated and the interest rate will increase from June 2009.
C. In February 2009 the company reduced the number of shares in issue by buying back a number of shares.
D. In March 2009 the shareholders agreed to an increase in the amount the company can borrow to finance expansion.
Answer: C


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