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19. If the above company bought land with a long term debt: quick ratio and current ratio increase quick ratio and current ratio decrease quick
19. If the above company bought land with a long term debt: quick ratio and current ratio increase quick ratio and current ratio decrease quick ratio goes up, current ratio goes down quick ratio goes down and the current ration goes up none of the above 20. The Company sold an 8% $10,000,000 bond. Interest is paid semiannually. The bond matures in 5 years. The current market rate of interest on similar bonds is 5%, who much will the bond sell for? 21. The Company is contemplating the purchase of equipment with a current cost of $100,000. It will generate cash inflows of $13,000 for 10 years. At the end of 10 years it can be sold for $5,000. The Company's interest rate is 8%. Using present value analysis should they buy the equipment
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