Question
ABC Company issued additional shares of stock for cash. The effect of the transaction is a.the earnings per share increased. b.the current ratio was increased.
ABC Company issued additional shares of stock for cash. The effect of the transaction is
a.the earnings per share increased.
b.the current ratio was increased.
c.the debt-to-equity ratio increased.
d.the return on total assets increased.
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Accounting For Business
Authors: Peter Scott
3rd Edition
0198807791, 978-0198807797
