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a firm has total assets of $275,000 and total equity of $95,000. the issuance of stock for $100,000 will cause the debt:equity ratio to increase;
a firm has total assets of $275,000 and total equity of $95,000. the issuance of stock for $100,000 will cause the debt:equity ratio to increase; all other financial figures remain the same. true or false.
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077400163
