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Author Question: Casey Communications recently issued new common shares and used the proceeds to pay off some of its ... (Read 38 times)

jordangardner

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on: Aug 7, 2023
Casey Communications recently issued new common shares and used the proceeds to pay off some of its accounts payable. This action had no effect on the company’s total assets or operating income. What would occur as a result of this action?

◦

The company’s current ratio would decrease.


◦

The company’s quick ratio would increase.


◦

The company’s equity multiplier would increase.


◦

The company’s debt ratio would increase.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by jordangardner on Aug 7, 2023

rika06@comcast.net

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jordangardner

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Reply 2 on: Aug 7, 2023
Great answer, keep it coming :)

chjcharjto14

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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