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Author Question: A company borrows 10,000 and puts the money into its checking account. This transaction will ... (Read 52 times)

Brittanyd9008

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on: Jul 11, 2018
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.


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mathjasmine

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Reply #1 on: Jul 11, 2018
Answer to Question 1

C

Answer to Question 2

D


Brittanyd9008

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  • Posts: 500
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

kjohnson

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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