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9 1 points Save Answer A firm had Liabilities to Assets Ratio less than 1.0. The firm issued short-term debt and used the cash proceeds
9 1 points Save Answer A firm had Liabilities to Assets Ratio less than 1.0. The firm issued short-term debt and used the cash proceeds to repay long-term debt What is the effect on Liabilities to Assets Ratio A. Increases a. none of above is correct c. Decreases D. has no effect Step by Step Solution
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz, Rhonda Pyper
2nd canadian edition
133025071, 978-0133519761, 133519767, 978-0133523676, 133523675, 978-0133025071
