The following information pertains to Kenia Corporation as of the beginning of the current fiscal year:

On 1/1, the company had issued 2,000 shares of common stock with $10 per share market value.

a. Identify the impact of a company's stock issuance on the following ratios (increase, decrease, or no effect).

b. Do you believe that besides ratios, other information such as customer satisfaction, quality of new products, and employee skills are needed in order to understand management’s true performance? Discuss.

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Liabilities Stockholders' equity Shares of common stock issued and outstanding Net income $60,000 500,000 10,000 30,000