This topic contains a solution. Click here to go to the answer

Author Question: A company borrows 10,000 and puts the money into its checking account. This transaction will ... (Read 41 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
A company borrows 10,000 and puts the money into its checking account. This transaction will
  increase the company's current ratio if prior to the transaction the company's current ratio was
 
  A) greater than one.
  B) greater than or less than one, but not equal to one.
  C) less than one.
  D) equal to one.
  SAY. Write your answer in the space provided or on a separate sheet of paper.

Question 2

All of the following is a financing factor that impacts the firm's leverage EXCEPT:
 
  A) debt financing.
  B) new equity.
  C) suppliers.
  D) marketing.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mathjasmine

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

C

Answer to Question 2

D




Brittanyd9008

  • Member
  • Posts: 500
Reply 2 on: Jul 11, 2018
:D TYSM


bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

For a complete list of videos, visit our video library