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Acme Inc. issues additional shares and uses the cash to retire short-term debt. This will result in an increase in the companys current ratio. a
Acme Inc. issues additional shares and uses the cash to retire short-term debt. This will result in
an increase in the companys current ratio. | ||
a decrease in the companys times interest earned ratio. | ||
an increase in the companys basic earning power ratio. | ||
an increase in the companys equity multiplier. | ||
an increase in the companys debt ratio. |
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